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USDCAD : HIGH RISK, HIGH REWARD

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Hi traders,

(As always, this analysis was shared with our students first)

USDCAD made a perfect retracement of the 0.5 FIB of the previous trend. USD might make another push against all pairs this morning when the NFP stat will get released. This is a HIGHER RISK trade because trading before fundamentals news creates gap and does it usual SL hunting.

Here's what I'm thinking :

USDCAD LONG:
ENTRY : 1.2827
SL : 1.27438
TP : 1.33688


Trade safe!

Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.

Dagangan ditutup: hentian tercapai
Price wicked down hard when NFP dropped! Unlucky!

Penafian

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