JokesOnMe

uscad at S/R leveland close to 50% retrace

Long
JokesOnMe Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
UC has started the month june with a startling descent and is hovering around 1,33777 for a couple of hours now
right at longer term Support / Resistance level and the 50% retrace on chart is around 1,33655
i have a long bias here but will cut when it gets below the 50% which could indicate a bigger down move coming
first long at 1,33777 risking 15 pips
Comment:
Price missed my sl by 1 pip, followed by an engulfing H1 candle
will add to position if possible every 20 pips
Comment:
adding second position just under 1,34
Comment:
Only 2 positions average longs 1,3387
putting sl at breakeven +3pips
Comment:
closing second position for 25 pips
moving sl on first position back to breakeven +3pips
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