USDCAD short at market price (bid 1.2944)

USDCAD short at market price (bid 1.2944)
Take profit: 1.2510
Protective stop: 1.3092
Risk Ratio (RR): 1: 2.95 (approx.)
Estimated duration: 30 days

Relevant as long as USDCAD is above 1.2870.

Note: This is a weekly entry, the potential drawdown is a re-test of 1.3000.

Beyond Technical AnalysisTrend Analysis

Also on:

Disclaimer