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UnknownUnicorn772665
Jan 20, 2020 2:01 PM

USDCAD Short Trade *DAILY PRICE RESISTANCE* Short

USD/CADOANDA

Description

USDCAD is still finding nice price resistance at this 1.30680 zone.

Multiple rejection candles are forming, the daily trend is still bearish and I think we could see a new bearish leg. I have an initial profit target of 1.29520 in mind.

If this level breaks then new lower lows at 1.29 are possible.

Trade active

Trade closed: stop reached

Comments
Clements_Trading_Academy
any updates on this trade will you be looking to re enter? for a sell
UnknownUnicorn772665
@BatManDan, Nope. not for a while.
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