Get started
martin7

USDCAD

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
martin7 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
1
0
In the daily TF we are going to wait to the daily close to see if it closes at the same level as the other 3 canddles. In that scanario the pair woulnd´t have broken the green area, and I would expect it to go to the bottom of the beggining of the trend and maybe even test the 1.35´s area.

In order for me to enter to the trade I want the price to break the uptrendline to confirm a short.

Last post of USDCAD didn´t reach TP, but we managed to take +35 pips.

Trade safe traders, regards! :)
Comment:
Move SL to +30 pips, will let it continue till we see a clear reversal in the gray trendline or continuation till the blue zone.

Trade safe traders, regards! :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.