USDCAD is setting up for a entry. As expected a correction has happend after the massive rally we have had the last weeks. And as always I'm trading the trend. Therefore I will go long when it hits support in order to go long to 1.5000. My short is very tight because if it breaks support we could possibly start a downtrend. Good risk to reward, and good money managment makes a good trade.
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Trade not entered.