{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/usdcad-produces-a-beauty\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/usdcad-produces-a-beauty\/","headline":"USDCAD Produces a Beauty","name":"USDCAD Produces a Beauty","description":"Friday morning we posted in the “Charts in Focus” about the possibility of a short trade on the USDCAD. We identified an area that traders could target for shorts if Price Action presented. Price Action did come traders way in the form of a Bullish Engulfing Bar. Price has since moved lower testing recent lows […]","datePublished":"2012-04-28","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/04\/USDCAD-4HR.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/04\/USDCAD-4HR.png","height":"228","width":"589"},"url":"https:\/\/forexschoolonline.com\/usdcad-produces-a-beauty\/","about":["Price Action Charts in Focus"],"wordCount":85,"articleBody":"Friday morning we posted in the “Charts in Focus” about the possibility of a short trade on the USDCAD. We identified an area that traders could target for shorts if Price Action presented.Price Action did come traders way in the form of a Bullish Engulfing Bar. Price has since moved lower testing recent lows in the process. Traders who took this trade have now be given a chance to take profit or protect capital by moving to break even. USDCAD 4HR CHART "}