OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Interesting area of chart I have been watching for a while now. I will be looking for a bounce of the trend-line and/or consolidation around this area.
Jun 29
Trade active: Opened shorts today @ 1.3234
Target 1.3000
Aug 03
Trade closed: target reached
Took a bit longer than expected, but 234 pips gained
It is always easier to go in the direction of the established trend rather than trade reversals. The USDCAD has had a bullish bias since April when price broke back above the daily 200sma.
davidmag Sublime_Trading
@Sublime_Trading, yes, I know. I still have some longs open but closed my long terms now and will be watching
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