USDCAD Short - US Dollar correction today
Mis à jour
Hi.
I think short from this level is worth a risk.
After incredible dollar strength on Friday and multiple sweeps, major pairs fallen into demand zones, and because of big long positioning on canadian dollar for commercial banks, I am expecting USDCAD correction.
My safe target is 1.371 - and this is where I am planning to close the position for this week.
Play safe.
Risk Reward : 1:4
I think short from this level is worth a risk.
After incredible dollar strength on Friday and multiple sweeps, major pairs fallen into demand zones, and because of big long positioning on canadian dollar for commercial banks, I am expecting USDCAD correction.
My safe target is 1.371 - and this is where I am planning to close the position for this week.
Play safe.
Risk Reward : 1:4
Trade fermée manuellement
Close the trade in B/E now. The structure is not what I expected.I was able to profit twice scalping this range, but the trade is invalid for now and I will be looking for other opportunities. Good luck!
Note
They wil probably go down to 1.376 and pump up again, and the structure is not something I am looking for so I am out.Trade fermée: cible de profit atteinte
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.