MrTrade17

U.S. DOLLAR / CANADIAN DOLLAR

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Hello Good Day to every traders around the world, at first place thanks for the loves and for following my profile. Last week I had posted 6 ideas and I managed to make 5 win from it. Okay, lets go for next week trades setup. Here is my analysis for USDCAD in 4H chart. Like last week I'm not gonna explain much more because my drawing at chart could speaks to you if you look at my chart. Like we said, "TALK TO THE CHART, THE CHART WILL REPLY TO YOU". And the chart replied to me with a BEARISH FLAG setup which is I'm more into selling mode rather than looking for buy position. And here how I'm gonna position my trade here is I wait till the price to retrace back and will place my SELL LIMIT at the recent turning point or instant entry is its continues to drop. The Stop Loss would be 25 - 30 pips is much better. And the risk should be not more than 3% from your capital. Whatever it is remember my word, TAYOR (TRADE AT YOUR OWN RISK).
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