USDCAD – Trading Plan

The USDCAD has been trading in a very clear and smooth market condition, every time the USDCAD gets close so an important level its trades in a short term range and then it gets rejected from there:

USDCAD
USDCAD

If the USDCAD keeps trading in between the both ST green lines, I will trade the ST range

If the USDCAD breaks the upper green resistance level I will only look for long opportunities

If the Canadian dollar breaks the lower resistance level I will only look for short opportunities.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

Tags:


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .