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USDCAD reversal trade idea at 1.2415

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USDCAD has been bearish some weeks now. I suspect this current trend is getting weaker. While lower prices might occur over the longer period, and my main position will be to be short this week - I am watching for a potential reversal.

See chart for outlined trade idea.

Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your own risk.
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Getting lucky with some bottom fishing. Don't know about y'all but I'm taking partial profits. Holding the rest to the target.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.