How we traded the USDCAD on the previous week – both targets reached

March 31, 2014

Below is our analysis on the usdcad last week as our members received it. Booked nice profits on this one.

Capital Properties FX
31.03.2014

usdcadh4

Placing pendings to go short usdcad pair at 1.1139 with stop loss at the end of the small contracting triangle there at 1.1212 and with two targets: 1.1094 where we should book half and move stop loss to break even (1.1139) and the final target is 1.1029 where we should close the rest.

Levels on the chart above.

Capital Properties FX

Capital Properties FX