USDCAD is setting up for a entry. As expected a correction has happend after the massive rally we have had the last weeks. And as always I'm trading the trend. Therefore I will go long when it hits support in order to go long to 1.5000. My short is very tight because if it breaks support we could possibly start a downtrend. Good risk to reward, and good money managment makes a good trade.
Note
Trade not entered.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.