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jamstock

USDCAD short opportunity at resistance

Short
Dollar Américain / Dollar Canadien (FX:USDCAD)  
jamstock Mis à jour   
FX:USDCAD   Dollar Américain / Dollar Canadien
Trend Analysis Chart Patterns
2
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trendanalysis chartpattern
USDCAD has reached a resistance level and has printed a bearish rejection candle off that level indicating a probably down turn in price. Looking for a retracement entry to get in short.
Entry at 1.3317
SL 1.3385
Target around 1.305 - 1.31
Commentaire:
Counter trend trades are inherently riskier so only risk a small percentage of your account
Commentaire:
no follow through so getting out at break even
Commentaire:
Big bearish candle printed yesterday signaling likely bearish continuation. Second chance entry at 1.3315, SL above 1,3390. The entry probably won't be hit, but worth a shot
Clause de non-responsabilité

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