IkeOkeke

Sell back to the trend line

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Good Morning Traders,

On this pair, we have a flag developing on the hour TF. Looks like a nice sell opportunity to sell the pair back to the trend line.
My initial target is 1.27821 with second target 1.26335. Nice 2.5:1 RR trade.
STOP - 1.29181

Good luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.