USDCAD - Long?
USDCAD is in a very strong uptrend on all time frames at the moment...
it has currently pulled back into my 50% retracement, trendline and at support
This looks like a clear risk defining area for me and hopefully for many traders
I will take a trade here and go with the trend instead of against it!
Stops will be 15pips below 100MA,and TP 1 at recent daily highs
What do you guys think?
-L
it has currently pulled back into my 50% retracement, trendline and at support
This looks like a clear risk defining area for me and hopefully for many traders
I will take a trade here and go with the trend instead of against it!
Stops will be 15pips below 100MA,and TP 1 at recent daily highs
What do you guys think?
-L
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