Trend reversal might occur in USDCAD..
..the idea is based on strong price movement and breakdown of the resistance level around 1.326.
Joining bears from 1.32615 price with 1.3276 S/L and 1.3202 T/P provides R:R around 4.1
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..the idea is based on strong price movement and breakdown of the resistance level around 1.326.
Joining bears from 1.32615 price with 1.3276 S/L and 1.3202 T/P provides R:R around 4.1
//
Feel free to share your opinion/position via comment and follow me to stay updated.)
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.