USD/CAD just broke through a horizontal which was tested a few times going back a month.
A short setup is the retest of the horizontal to confirm the breakdown and continue downwards.
Entry --> 1.3844
Stop Loss ---> 1.3880
Take Profit--> 1.3760
Risk/Reward --> 2.3
Please Comment, Like, & Follow!
This information is not a recommendation to buy or sell. It is to be used for educational purposes only. Please follow a proper risk management program when trading.
A short setup is the retest of the horizontal to confirm the breakdown and continue downwards.
Entry --> 1.3844
Stop Loss ---> 1.3880
Take Profit--> 1.3760
Risk/Reward --> 2.3
Please Comment, Like, & Follow!
This information is not a recommendation to buy or sell. It is to be used for educational purposes only. Please follow a proper risk management program when trading.
Trade closed: target reached