Possible short-trade in USDCAD, as we can get some profit-taking in USD trade which is in my eyes a bit crowded as we speak.
In this case/setup, I have used 1H timeframe. As you can see, we have now retested earlier support as resistance and reacted quite nice. In that matter a short-entry should be set between 1.3320-1.3340 with a stop if 1h closes above 1.3360. Target is 1.3180 area, which is also 61.8% fib from recent lows.
Play safe and manage risk!
In this case/setup, I have used 1H timeframe. As you can see, we have now retested earlier support as resistance and reacted quite nice. In that matter a short-entry should be set between 1.3320-1.3340 with a stop if 1h closes above 1.3360. Target is 1.3180 area, which is also 61.8% fib from recent lows.
Play safe and manage risk!
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.