WillNixTrading

USDCAD (Short)

Short
WillNixTrading Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Whats up Guys -

Entering a short trade here - USDCAD

The US news came out great - caused a spike in price action -
IMO were due for a rebound for two reasons:

News Price Action will cause a retrace
We are at the top of a several month trend channel in this pair.

See the chart for more information.

SL :1.3188
TP 1.3053

Ten Likes and I will update the chart
Intelligent disagreement welcome
Good Luck - See you on the trading floors

#Crypto #BTC #cryptocurrency forex
#EURUSD #AUDJPY #GBPUSD #AUDUSD #USDCAD #USDCFH

-Nix
Trade active
Order cancelled

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.