USDCAD breakout of a congestion phase
USDCAD is forming a new bearish setup while the price is in a tight sideways channel. The bottom part of this congestion phase also matches with a previous important support, so a breakout of this key-level might push the price below 1.31.
This is a stop entry order, we are not going to enter at the market price.
This is a stop entry order, we are not going to enter at the market price.
Order cancelled
Trade cancelled before the weekend. We will see on Monday :)
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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.
Find out more at itstradingtime.com/
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.