USDCAD: Potential intermediate term top
USDCAD might be topping against this level. We can go short at market, or on a break under Friday's low. Risk a new daily high initially. I'd risk 0.5-1% on the trade. Hold it for a week and see if it makes any progress.
Good luck,
Ivan Labrie.
Good luck,
Ivan Labrie.
Nota
Almost filled on the conservative entry. I had shorted last Friday already, and it's in slight profit for now.Dagangan ditutup secara manual
Nota
We might be able to reenter shorts soon: Within 1 or 2 days we could have confirmation of the down move.
Nota
Almost at the target here. It could evolve into a longer term decline.
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