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USDCAD Short

FX:USDCAD   美元 / 加元
Riding the bearish price action being played out in the weekly and daily chart , coupled with the news about Syria attack that pushed down the dollar further, while the loonie is being boosted by the likelihood of having a successful outcome in NAFTA negotiations and rising oil             price. Setting up short stop order to catch a possible breakout @1.25523 in the hourly chart with TP near 1.242 (support in weekly chart) and SL a couple of pips below 1.26.

https://www.fxstreet.com/news/usd-cad-struggling-to-develop-upward-momentum-above-126-201804160613


Daily:

Weekly:


Confidence: C (must be careful about possible whipsaws from increased volatility esp             this coming Wed during the BoC             meeting and the unpredictability of geopolitical risks esp             when it comes to USD; depending on how volatile it goes based on the chart and ATR, might momentarily close the position before the BoC             meeting)
取消訂單: Trade cancelled before BoC news yesterday. Will re-enter with another sell stop soon esp with oil prices rising:

https://www.dailyfx.com/forex/technical/home/analysis/usoil/2018/04/18/Crude-Oil-Forecast-Bullish-US-Inventories-EIA-OPEC-70-Barrel.html?DFXfeeds=forex:technical:home:analysis:usoil

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