U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD SELL SETUP

173
SELL Setup – High-Probability Trade
(Valid IF price retraces into a premium zone & confirms bearish rejection.)

📌 Key Confluences for Sells:
✔ HTF Bearish Trend Confirmed.
✔ Unmitigated Bearish Order Block (OB) at 1.4250 - 1.4300.
✔ Fair Value Gap (FVG) & Mitigation Zone at 1.4230 - 1.4260.
✔ Premium Zone = Institutional Sell Area.
✔ Next Target = Sell-Side Liquidity Below 1.4150 & 1.4100.

✅ Sell Plan
Entry Zone: 1.4230 - 1.4260 (Institutional Supply Zone).
Stop Loss (SL): Above 1.4320 (Safe from stop hunts).
Take Profits (TPs):
TP1: 1.4150 (First Liquidity Pool).
TP2: 1.4100 (Major SSL Target).
TP3: 1.4050 - 1.4000 (Extended TP).

Trade Type: Intraday / Trend Continuation Short.
Confidence Level: HIGH (Strong HTF Confluence).

🔹 Execution Strategy:
✔ Option 1: Aggressive Sell → Limit Order at 1.4230 - 1.4260.
✔ Option 2: Confirmation Sell → Wait for bearish BOS under 1.4180, then enter on pullback.
Trade active
its active and should push further down

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