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Shorting USDCAD from 1.33 via Daily Support

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Addys  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis short USDCAD support moneymanagement
5
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trendanalysis chartpattern waveanalysis short usdcad support moneymanagement
News early Wednesday morning EST worked as a catalyst in moving USDCAD down from 1.33, a zone of daily support for the pair. Looking to secure 100-200 pips on this trade, with a 40 pip SL. Adding shorts every 75 pips via sell stops. Set SLs around 1.334, and trailing stops of 20 pips after 50 pips in profit.

All trading involves risk. Past successes don't guarantee future results. Trade with caution and proper MM.
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