AmplaFX

USDCAD, Short, 1:6 + available.

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Good morning ladies & gents ,

I'm looking to short USDCAD today.

After price traded up to a D1 Bearish Orderblock, we saw a rejection and a market structure breakdown.

Today price has come back to retest the H1 Bearish Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers.

Looking for a continuation short from this point

Initial target is seen below for a RR of 1:6.

Good luck

- AmplaFX
Comment: Clean shift
Comment: Stop has been shifted to Breakeven. Took a small partial.
Comment: Clean move down.

Let's see how price delivers going into NFP Friday.
Comment: Taken some partial profit. Stop has been moved to breakeven.

Let's see how today plays out.
Comment: TP hit after many days!

Sometimes it's not always a smooth ride.

RR 1:6

Risk: 1%
ROI: 6%

Comments

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