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JTMuncaster

USD CAD daily trendline break

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
JTMuncaster  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD usdcadshort Trend Lines Trend Line Break
2
0
usdcad usdcadshort trendline trendlinebreak
A daily trendline on USD CAD has been broken. Although it seems there is just 2 hits, moving down to the H1 chart you can see a rejection, then a strong breakout candlestick pattern. This lines up for a nice short.

Entry short 1.321
Stop 1.32333
Take Profit 1.304
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