USDCAD Short Setup
Updated
Canadian Dollar looks like it could continue a selloff.
The Major Pivot Stack is in place for resistance and the bias is to the downside.
Go short on weakness through 1.3190 with a stop loss at 1.3272 and place a profit target at 1.3071.
The Major Pivot Stack is in place for resistance and the bias is to the downside.
Go short on weakness through 1.3190 with a stop loss at 1.3272 and place a profit target at 1.3071.
Trade closed: stop reached
Comment
If you trailed your stop loss hopefully you did not lose to the original stop loss level and conserved some gains or minimized losses without slippage.
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