USDCAD LONG
Updated
Going to dip my hands in FOREX by starting with USDCAD.
Idea: Trade within the range of short term support and resistance
Risk: MEDIUM
Risk Reward: 1:2
Technicals:
- RSI is rising
- Stoch is rising
- MACD is crossing
Fundamentals:
- Crude Oil doesn't look like it will break resistance
Idea: Trade within the range of short term support and resistance
Risk: MEDIUM
Risk Reward: 1:2
Technicals:
- RSI is rising
- Stoch is rising
- MACD is crossing
Fundamentals:
- Crude Oil doesn't look like it will break resistance
Note
Crude oil did dropped as expected, but from a higher point and USDCAD followed.I have added more to my long and lowered my SL since the start of my trade.
Trade closed manually
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