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USDCAD Uptrendline Support Broken -- Short Swing play
U.S. Dollar / Canadian Dollar
Short
USDCAD Uptrendline Support Broken -- Short Swing play
By SimpleMillennialAverage
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Updated
Aug 10, 2018
2
Aug 9, 2018
White line will be the trendline resistance for the play
Red line is the stop loss area
Daily view of the trendline support:
First TP is 1.25 or till the white trendline resistance is showing some weakness
Aug 9, 2018
Note
Should have shorted ECAD instead oh well
Aug 10, 2018
Trade closed manually
Traded as a hedge but looks like this plan might not work out
BOC
CAD
dollar
fed
loonie
nafta
Trend Analysis
USD
USDCAD
SimpleMillennialAverage
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