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ShrewdCatfx
Jan 31, 2022 3:41 PM

USDCAD Bearish Bias to 1.267 price point on the 4HR Chart 

U.S. Dollar/Canadian DollarFXCM

Description

Looking for USDCAD to respect 127.5 Price Point on the Daily
Anticpating a pullback to 1.26700 on the 4hr
Really good risk to reward short during High volume
time (London Session Close) We''ll see what happens
This is a day trade, don't plan on holding it into asian
unless we are in a fair amount of profit

Trade closed: stop reached

-1R, Going to use the 15m ATR for my SL next time. I used the 5m ATR for my SL this time it we just barely got nagged out.
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