Switching sides - Now Long Canadian Dollar
Recently published an idea to sell USD/CAD. However, my entry criteria was not met, and I now have changed my side, and have bought this pair.
I was once told it is important to never be attached to any one side of the market, and this is a good example of why.
On smaller time frames we can see that the pull back was forming a bullish wedge or flag pattern. My first target is now at 1.32.
I am already in this trade, and this is a much shorter term trade than my previous idea.
(I have posted this idea as if one was to enter in the moment of it's publication)
I was once told it is important to never be attached to any one side of the market, and this is a good example of why.
On smaller time frames we can see that the pull back was forming a bullish wedge or flag pattern. My first target is now at 1.32.
I am already in this trade, and this is a much shorter term trade than my previous idea.
(I have posted this idea as if one was to enter in the moment of it's publication)
