USDCAD Daily trading strategy 25 Mar 2020 M15

USDCAD build a mountain shape and broke down the neck line in M15 chart.

The forecast in future hours the price will have a correction go back to the neck line, and then turn down again.

For the trading strategy, a sell limit order can be considered to place around 1.442-1.443 with stop loss at 1.449-1.451 and take profit target at 1.423.

Trade stängt: målet nått