Usd/Cad Trade Idea Based on Daily Chart

Here is a short Video I posted about the USD/CAD. We had a strong move for the Canadian Dollar today which created a nice pinbar setup. Watch the Video to see the Setup.

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  • good idea the trade moved forward a good bit. So I hope it worked out for you.

  • Thanks Mike

  • leonel R

    I hope it works, I open sale trade but I am not very good at shorting specially with the strength of the dollar, I am taking profit at 4hrs chart, is a demo.

  • Mike

    Thanks for sharing the trading idea. I can see your point of view however please note that this daily bar / candle has not closed yet thus the whole set up is not confirmed as of yet besides that the overall trend whether on the daily or the weekly time frame is UP therefore I would be very careful with this one here. Best regards, Mike