Realisto_FX
Short

Countertrend strategy for USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
26 2 3
USDCAD             rejected a bullish continuation by forming a pin bar sell signal. Supply zone around 1.28 .

The overall trend is bullish but the formation invites to take a short position with SL above last bearish candle @1.2711 .

Other correlations support the strategy, like the crude oil             I posted yesterday :
Bottom pattern on Crude Oil
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UPDATE : Move stop at break even : 1.26
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UPDATE : Move stop to 1.2520 , 80 pips locked in
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