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J-P
Sep 17, 2017 7:33 AM

USDCAD Buy Opportunity Long

U.S. Dollar/Canadian DollarFXCM

Description

It seems that all US Dollar Pairs will find reversal or retracement next week. USDCAD is no exception. This pair failed to create a lower low and has been retracing.
I will keep an eye on this pair on Monday to find the proper entry point at lower time frames to go Long.
Good Luck!

Comment

Who is making money on this trade? :)

Comment

Almost 160 Pips so far on this trade.
I would be more careful now to leave this position open or tighten my stops. It seems 50% retracement got some resistance.

Comment

190 pips so far

Trade closed: target reached

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