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USDCAD: SHORT TRADE EXPLAINED
U.S. Dollar / Canadian Dollar
Short
USDCAD: SHORT TRADE EXPLAINED
By VasilyTrader
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Apr 17, 2020
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Apr 17, 2020
hey guys,
short trade went active on usdcad.
reason:
retest of a key daily level + bearish reaction
breakout of minor support on 1H and retest
I entered from 1.411 (618 retracement of the retracement leg)
stop - 1.42 (above key level)
T1 - 1.395
T2 - 1.387
accuracy of such setups is 58%.
risk no more than 1.5%
canadiandollar
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