U.S. Dollar / Canadian Dollar
Short
Updated

Short USDCAD

Pros
  • H&S chart pattern(confirmed)
  • Previous resistance level


Cons
  • Countertrend


Strategy
  • Buy on pullback to the neckline
  • Stop on 61.8% above neckline
Trade closed manually
I closed a half at 1.2628, and the other half, moved the stop at breakeven.

Disclaimer