Short USDCAD on Double Top

1. Sept. 2016USDCAD should trade lower in the coming days since it felt resistance at around the 1.3140 level.
The entry came shortly after a disappointing US ISM Manufacturing PMI data release.

2. Sept. 2016

Trade geschlossen: Stop wurde erreicht

Price not behaving as it should be to configure a downtrend. Stop reached.

5. Sept. 2016

Kommentar

Stop loss too short. Lesson learned.