FXNAZ
Short

USDCAD daily sell

FX:USDCAD   U.S. Dollar / Canadian Dollar
Very simple trade, daily sell taken, based off of trend line , Waited for candles to hold below then went on to sell.
Fundamentally we are seeing a recovery on Oil so therefore its expected USDCAD downside

Comments

I jumped on the same trade do you think it will continue to 1.38000?
Reply
FXNAZ tompainter14
@tompainter14, It should do however, I have taken profits at the moment, because I am expecting a pull back, If price comes to a nice retrace I will get back in, if it continues I will wait for corrective structure then go short again, But Yes I do believe it will go 38000
Reply
@FXNAZ, Thanks for the quick reply im already running 115 pips in profit think im gonna stay in and hope for the best haha
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