Hausky

USDCAD Pullback trade

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Currently USDCAD has broken through resistance and support at 1.236 is currently holding. The price is also over the cloud so I see this as a good opportunity to take a low risk trade with potential for a big profit.

Entry: 1.24196@
Target: First TP 1:1 R/R and position 2 I will close on a bearish candle.
Stop: 1.23622

Comments

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