Possible USDCAD short idea.

٣٠ أكتوبر ٢٠٢٣

Price has reached the resistance line and showed some rejection but we have to wait for retest before entering.
Not financial advice. Do your own analysis and confirm it.

٣١ أكتوبر ٢٠٢٣

تم فتح الصفقة

٣١ أكتوبر ٢٠٢٣

تعليق

This trade is based on top down analysis. You can check weekly TF and see the red candle.

٣١ أكتوبر ٢٠٢٣

تعليق

Price has retested the level and showing rejection.

٢ نوفمبر ٢٠٢٣

تعليق

Price is showing rejection but waiting for NY Session for huge down move.

١١ نوفمبر ٢٠٢٣

تعليق

Setup still valid. Don't worry, price is going to reverse again from that point because there is a long upper wick on the candlestick

١٣ نوفمبر ٢٠٢٣

تم فتح الصفقة

I shorted more USDCAD since it has reached the supply zone and made a long upper wick candlestick. Have to wait for NY session for price to move down.

٤ ديسمبر ٢٠٢٣

تعليق

Closed the trade manually because couldn't wait for too long. Congrats on those who followed this trade.🎉