USDACD - Long & Short Opportunity (Trading Plan)

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Pair: USD/CAD
Position: long, short

The price is oversold on the RSI. I'm expecting a retracement to our previous support (purple box). Long possibility with a 2.4 R/R if you place your stop-loss at the current low (1.2961).
After the retracement, the price might continue to fall to our next support (1.2877), since the price is at the beginning of a change in trend.


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cheers,
cryptobuller

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