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CityTradersImperium_Daniel_M

USDCAD Short set up

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
CityTradersImperium_Daniel_M Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns usdcadshortsetup
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trendanalysis chartpattern usdcadshortsetup
USDCAD had a bullish engulfing candle on daily chart followed by rejection at key level at 1.32230 on 4 hourly chart suggesting likely short set short up.

Suggested set up:
Entry @ 1.32230
Stop loss @ 1.32723
TP1 @ 1.31475
TP2 @ 1.30810
TP3 @ 1.30016
TP4 @ 1.29290

RP
Order cancelled:
This trade never triggered - it continued to go down without having retraced to the entry.
Start now, take one step at a time towards achieving your vision, and never give up on reaching your goal
Daniel Martin
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