mxxtrader

USDCAD 240, going in with a sell stop order read below why...

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi all guys now USDCAD finally make sense we ve break out of the major ascending TL and we could targeting our second fib extencion at 1.27600.
Why SELL STOP order? cause we should see now a little correction of the price before see any further drop so if we place now a sell stop we will leave the price make his own correction without think too much if it will be on TL or zone cause price will go up and when the correction will be finisched and start to drop our order will be active!
If it isn t clear just drop a mex in the comment.
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