USDCAD Short Channel Trade Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Apr 8, 2018 7:16 PM

Possible short trade, expecting USDCAD to fall back to the lower channel line. Good risk to reward of 4.5:1. Stop is placed outside of the upper channel line, if stopped out would need to re-evaluate and possibly look for a long breakout trade.

Trade closed: stop reached

⋅ Apr 9, 2018 7:25 AM