🔥 A fast-paced short trade is now active on the USDCAD 15-minute chart!
We're seeing a classic "break and retest" setup. After breaking the short-term ascending trendline, the price has pulled back perfectly to the broken structure, which is now acting as resistance. The price is currently inside our entry zone, signaling a potential move down.
This trade is now considered active.
Trade Parameters (Active):
🛡️ Pro tips for this trade:
⚠️ **Key Driver:** Keep a very close eye on Crude Oil (WTI) prices! A rising oil price strengthens the Canadian Dollar and is the perfect fuel for this short setup. A falling oil price would work against this trade.
🧠 This is a scalping setup with a very tight stop loss. Managing the trade actively is crucial.
Let's see if we can get a quick win here! Hit Boost🚀👍 if you're in this trade.
We're seeing a classic "break and retest" setup. After breaking the short-term ascending trendline, the price has pulled back perfectly to the broken structure, which is now acting as resistance. The price is currently inside our entry zone, signaling a potential move down.
This trade is now considered active.
Trade Parameters (Active):
- 🔽 Direction: Short / Sell
- 🎯 Entry Zone: ~1.38553 - 1.38600
- ✅ Take Profit 1: ~1.38500
- ✅ Take Profit 2: ~1.38400
- 🚫 Stop Loss (SL): 1.38634
- 📊 Potential Risk/Reward Ratio (to TP2): ~2.9
🛡️ Pro tips for this trade:
⚠️ **Key Driver:** Keep a very close eye on Crude Oil (WTI) prices! A rising oil price strengthens the Canadian Dollar and is the perfect fuel for this short setup. A falling oil price would work against this trade.
🧠 This is a scalping setup with a very tight stop loss. Managing the trade actively is crucial.
Let's see if we can get a quick win here! Hit Boost🚀👍 if you're in this trade.
أغلقت الصفقة: تم الوصول للهدف
TP1 touchedملاحظة
USDCAD M15 Short Trade
Trendline Retest Setup
Full Target Achieved 🎯💰
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.