USDCAD (L) 2017.01.18

Updated
Bearish engulfing candle on the daily chart which is continuing the long term bullish trend. Looking to enter on this bullish reversal. Half position entry followed by full position once surpassing 1.328 resistance.
Trade active
2nd position entered at 1.326. 1st position SL moved to break even.
Trade closed: stop reached
Stopped out on minor pullback, had stop too tight. 1st position out at 104 pips and 2nd position out at 66.5 pips.
Bullish PatternscontinuationForexfxLONGUSDCAD

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