FXShinobi

USDCAD SHORT OPPORTUNITY

Short
FXShinobi Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
If price can close below the rectangle structure I will look for a quick scalp for the next hour before 1pm Eastern. I will close all trades by 3pm before the weekend!

Long term bias: Bearish
Technical Analysis: Rectangle structure


Also just wanted to say thanks for all the support. I will continue to try and improve and give you guys the best trade ideas.


Daily trade analysis and ideas:


Telegram: t.me/Forexdojo
Facebook: www.facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: Jaylen.Forex
Website: www.forexshinobi.com
Comment:
Price closed bullish - trade is invalid for now. Long bias.
Comment:
Price reached the top of the rectangle pattern and reversed quickly and strongly. Wait for this 1pm close to go short! If it can close strong.
Trade closed manually:
Profit secured. 3pm has hit. Have a good weekend. You can keep holding if you want and close later, but I'm happy with any profits.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.