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Abu2019

USDCAD 121 PIP SHORT

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Abu2019  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Moving Averages Trend Lines
3
0
supportandresistance movingaverage trendline
Rejection of 50 EMA suggests price action will fall to nearest floor after 30 pips, partials should be taken at this point and SL moved to break even if there is a unfavourable reaction, letting trade run for an extra 91 pips after if market sentiment is unchanged as it will likely plummet to next D1 floor until it picks up momentum and begins to bounce off the diagonal resistance-turned-support level.

SL @ 1.32278
Entry @ 1.31472
TP @ 1.30259
Partials @ 1.31170 (30 pips)
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