Newmount_Trading_Exchange

USDCAD Short on Retest of Trendline

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
We are expecting the market to break the weekly trend line, to hit the support area of 1.22584 before bouncing back and touching the back of the trendline before tanking over 500 Pips to the next Weekly Support level.
We are waiting for the break of trendline before we place our sell order at 1.23606
Will be actively managing and moving SL accordingly

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