USDCAD reversal trade idea at 1.2415

USDCAD has been bearish some weeks now. I suspect this current trend is getting weaker. While lower prices might occur over the longer period, and my main position will be to be short this week - I am watching for a potential reversal.

See chart for outlined trade idea.

Note: All ideas shared here are for learning and understanding purposes only. Any trade taken on this projection is done so under your own risk.

Trade ist aktiv:

Getting lucky with some bottom fishing. Don't know about y'all but I'm taking partial profits. Holding the rest to the target.