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RaynLim
Nov 19, 2021 6:20 AM

USDCAD - Key Resistance Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD reached the key level of resistance in the daily chart. With a pin-bar or a long shadow, the candle do get me interested in shorting it.

Wait, an RSI Divergence as well?

I'M ALL IN!!!
Let see how it goes.

While we have this kind of feeling when we spotted a trading setup that meets the analysis we have done days and weeks ago, we have to remember those losses as well.

Know your stats and manage your risk well.

How much would you risk for a trade like this?
Comment down below.
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