USDCAD - D - SHORT

By Bastosai
Updated
We are a bit late to the party and this could proves to be a disaster like my previous AUD trades. A false bteakout is quite often misleading as a real one (that's the point) that's why you have to be careful trading this one.
Why are we a bit late? Because we are entering on the 4/5th red candle, that's already a lot and pullback could occur tomorrow.
However strenght of the breakout is quite enough to get out of BB on TMS and under RSI50. That means that we should continue this trend for some days.

Trade with your own diligence,
GL HF
Comment
Closed 25%TP1
Comment
Closed 25@TP2. SLbe
Comment
Aaaaand 25%@TP3. SL@TP1.
Trade closed manually
SLTP1 taken away... Good trade anyway.
Chart PatternsshortTMSTrend AnalysisUSDCAD
Bastosai

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