[Intraday Trade] USDCAD to downside

USDCAD rejected the level that I was watching. And now that DXY is becoming weak, I entered the trade.
Also my strategy has been short on this pair since last night.

I don't have the latest COT reports yet but previous report shows a 23% increase in shorts.

Keeping a close eye on DXY. Hopefully this time it can break 90 to push my trades in the right direction.

Let me know your thoughts.

Trade Safe!
HEET

Zlecenie aktywne

Komentarz:

TP1 Finally Hit!

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CAD is gaining strength. This could melt down soon.

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Finally got a 15M candle close below the local low. This is a good sign for continuation.

But I am worried about that monthly Key Level just below.

Transakcja zakończona: osiągnięto poziom stop:

Stopped out break even

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This is one of those times where you wish you followed your gut feeling.
Look at USDCAD dropping now.

Yields are down. DXY is down. USOIL is retracing but still strong.

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I got out of this trade prematurely but if I stayed in, it would have hit the target.