We took a short position on USDCAD on the 1st of October and we are in good profit so far. However, note that I am trailing stops on this trade. If we see a break and retest of the next support level then it's possible that USDCAD would still go short for some time. I'll be holding on to this position but you can look for entry signals after the break of the 1.245 level.
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.