USDCAD - Looking for a long Short after a short Long

٤ فبراير ٢٠٢١

USDCAD seems already to be on it's way to it's nearest Weekly support (1.25200), but that doesn't mean there's no possibility for the market to retest the Resistance level (around 1.29607) For few weeks to come, I am only looking for a short on the Loonie, around it's resistance level. I'm risking 2:5 for this trade.

Thanks for reading. Encourage me for more analysis by giving a quick Like!

٢٦ فبراير ٢٠٢١

تم حذف الأمر

It reached TP, but didn't retrace back to trigger the PO.