JLJ002500

USDCAD - Trade Journal & potential set up for next week

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Yesterday, opened a S.T. trade buy off of support. (See the pin bar on 1D chart.) Trade has already closed due to TP reached. I considered opening a longer swing trade position with a TP around 1.3365 and a much wider SL, but elected to make it a shorter term trade due to limited time left in the week. In hind sight, my TP was well placed. Price action took a bearish turn the next bar.

1D

Next week, I'll be looking for another long opportunity.
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