Search
Products
Community
Markets
News
Brokers
More
IN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
USDCAD Channel play
U.S. Dollar / Canadian Dollar
Short
USDCAD Channel play
By remkade
Follow
Follow
Sep 15, 2016
0
Sep 15, 2016
USDCAD seems to have begun a sideways channel. I'm making a play here to go from the top of the channel towards the bottom.
My Stop is just above the previous resistance, and my take profit is down at the bottom of the channel.
Parallel Channel
short
USDCAD
remkade
Follow
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
.