sacbnc

SHORT on USDCAD after step up in trend

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
=> 10 and 50 MA on 4H show no sign of trend changing
=> Previous step dropped to trend line nicely
=> SHORT on this step up for good entry
=> The step does have almost a 1.00 fibs bounce
but I'm not too concerned by employing a 2:1 RR ratio
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