brettschoenfelder

USDCAD Trading Range Sell

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
In previous set-up I was looking to sell USDCAD at the Daily Demand level @1.345. I really liked this zone and it fit the criteria of my edge, but is located in the middle portion of a trading range. No matter how good the zone, any set up in the middle of a range is lower probability.

This set -up takes a stab at selling from the top of the range out of the Weekly Supply area.
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