USDCAD - Short Position Rising Wedge + DXY Breakout

6 lug 2020

USDCAD has successfully broken out of a rising wedge, which could be meaning that we're heading further south after the amazing downfall of May. If it does indeed reach the first target, depending on how the market behaves once it's there, there could be a reason to increase the take profit.
Moreover, DXY has equally broken out of a flag, which may sign a weaker dollar.

13 lug 2020

Trade chiuso manualmente

I closed manually to break even, it may come down, but seeing that it stayed there for more than I thought I got out