USDCAD reversal trade idea at 1.2415
USDCAD has been bearish some weeks now. I suspect this current trend is getting weaker. While lower prices might occur over the longer period, and my main position will be to be short this week - I am watching for a potential reversal.
See chart for outlined trade idea.
Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your own risk.
See chart for outlined trade idea.
Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your own risk.
Trade active
Getting lucky with some bottom fishing. Don't know about y'all but I'm taking partial profits. Holding the rest to the target.
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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.
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.