USDCAD SHORT
Updated
Hello ,
Since my last idea of shorting USDCAD pair has been running beautifully in downward trend , out of about 400 PIPS of move , i was able to capture around 250 PIPS or more with Trailing stop loss ,
Now i believe that price is headed towards 1.30 Zone after breaking and retesting of TRENDLINE , which would be another 200 PIPS move in coming days, hope to capture some of them too ..
Please remember that nobody can predict 100% correctly movements of market , therefore trade may go in opposite direction too. Use moneymanagement wisely..
Since my last idea of shorting USDCAD pair has been running beautifully in downward trend , out of about 400 PIPS of move , i was able to capture around 250 PIPS or more with Trailing stop loss ,
Now i believe that price is headed towards 1.30 Zone after breaking and retesting of TRENDLINE , which would be another 200 PIPS move in coming days, hope to capture some of them too ..
Please remember that nobody can predict 100% correctly movements of market , therefore trade may go in opposite direction too. Use moneymanagement wisely..
Trade closed: stop reached
i still do believe that price will reach 1.30 level in coming sessions... price retraced deeper than expected before continuing downwards
Disclaimer
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.