USDCAD has reached a resistance level and has printed a bearish rejection candle off that level indicating a probably down turn in price. Looking for a retracement entry to get in short.
Entry at 1.3317
SL 1.3385
Target around 1.305 - 1.31
Entry at 1.3317
SL 1.3385
Target around 1.305 - 1.31
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Counter trend trades are inherently riskier so only risk a small percentage of your account
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no follow through so getting out at break even
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Big bearish candle printed yesterday signaling likely bearish continuation. Second chance entry at 1.3315, SL above 1,3390. The entry probably won't be hit, but worth a shot