USDCAD on a triple possible level of support!

2019-11-18 16:30:55

USDCAD is on a support formed by a very important swing high that we had before. In addition, right on the same level, there are the red and the orange moving averages that could work as dynamic key-levels.
Normally, we wait for a sign of rejection, but we can get an extraordinary risk-to-reward ratio structuring our trade like this, so I'm going to reduce a little my risk per trade and try to go the distance with it :)