USDCAD Long

Update to previous USDCAD long reported earlier in the month. Still holding to this and now I see a bullish pennant. It has been consolidating now for a few days. Could be wrong but that is my opinion. I will hold this a little longer. May be a bit longer than my usual 2 weeks as I want to see how this pennant plays out. Stops are in place just in case.

Commento:

Still holding this. There has been bad days but I believe the general trend is up. I have not touched my stop or TP or anything in this trade. Sometimes it is nice to just leave it alone and let it play out. I believe we are heading to 1.29 from here.

Trade chiuso manualmente:

Closed trade manually. This trade went really well and holding it was great. I ended up making over 100% ROI. Happy with that. I closed about 50 pips before my target as it is reaching the resistance there and I have been holding for almost a month. I believe it was time for me to move on. Great play and great trade.