USDCAD: Short
USDCAD is in bearish trend which will continue to move down as yesterday bar engulf previous bar. It however respecting the key level which very likely to be broken down. Enter short now or wait for the price to break down the support and retrace.
Trade active
The arrow shows the daily bearish engulfing bar
Trade closed: stop reached
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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.
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.