Charlieab94
Short

USDCAD Short Trade *DAILY PRICE RESISTANCE*

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is still finding nice price resistance at this 1.30680 zone.

Multiple rejection candles are forming, the daily trend is still bearish and I think we could see a new bearish leg. I have an initial profit target of 1.29520 in mind.

If this level breaks then new lower lows at 1.29 are possible.
Jan 20
Trade active
Jan 23
Trade closed: stop reached

Comments

any updates on this trade will you be looking to re enter? for a sell
Reply
@BatManDan, Nope. not for a while.
Reply
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