USDCAd Thesis Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Dec 27, 2022 6:29 PM

This is how i'm currently looking at the usdcad pair. Market broke trendline after failing to brake resistance and make new high. I'm now waiting for a bearish set up as confirmation to go short.

Comments

JoeChampion

⋅ Dec 28, 2022 4:28 PM

How do you define your TP?

emafuta7

⋅ Dec 28, 2022 11:04 PM

@JoeChampion, I always go for 1:2 target. I don’t close my trades I let it hit TP or SL. Only take max 2Trades a week.