USDCAD has hammered a base.
Updated
After reaching a demand zone, this pair has hammered a base today (see the Daily chart).
We should get a small retrace (better price + smaller stop) and then move up to the trendline in the 1.38 region.
Being prepared for the unexpected is always good in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
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We should get a small retrace (better price + smaller stop) and then move up to the trendline in the 1.38 region.
Being prepared for the unexpected is always good in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
Note
Trade active
Partial profit taken, stop moved to b/e.Dissappointed that it did not make it to my target.
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