USDCAD Daily trading strategy 01 Apr 2020 M15
USDCAD is probably in a descending tunnel in M15 chart, if 1.434 in short term is confirmed as the wave top, the USDCAD will have chance to drop to 1.37 level
For the trading strategy, a sell limit order can place at 1.426-1.428 with stop loss at 1.432 and take profit target in day is at 1.40 or 1.37 for a longer period, Market sell is risky, as a higher stop loss should be considered.
For the trading strategy, a sell limit order can place at 1.426-1.428 with stop loss at 1.432 and take profit target in day is at 1.40 or 1.37 for a longer period, Market sell is risky, as a higher stop loss should be considered.