USDCAD Short - US Dollar correction today

Theo AdiVV
Cập nhật
Hi.
I think short from this level is worth a risk.
After incredible dollar strength on Friday and multiple sweeps, major pairs fallen into demand zones, and because of big long positioning on canadian dollar for commercial banks, I am expecting USDCAD correction.

My safe target is 1.371 - and this is where I am planning to close the position for this week.

Play safe.

Risk Reward : 1:4
Giao dịch được đóng thủ công
Close the trade in B/E now. The structure is not what I expected.
I was able to profit twice scalping this range, but the trade is invalid for now and I will be looking for other opportunities. Good luck!
Bình luận
They wil probably go down to 1.376 and pump up again, and the structure is not something I am looking for so I am out.
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CADDXYSupply and DemandSupport and ResistanceTrend AnalysisUSDUSDCADusdcadshort

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