USDCAD - Signs of a potential correction (short-term)
Signs of a potential correction and short opportunity. This is a more aggressive entry, but the R/R is favorable. I've entered a small short position and have placed a couple limit orders at key spots. Bias is invalided if ~1.3433 resistance is broken. Support around ~1.3352 will need to be broken to hit TP.
1H:
Long-Term bias is bullish.
1D:
1W:
1H:
Long-Term bias is bullish.
1D:
Trade active:
USDCAD still consolidating. Has yet to break support or resistance.
Trade closed: stop reached:
Broke out of consolidation. Unfortunately broke the opposite side of my trade.
KEEPING SCORE: LOSS
KEEPING SCORE: LOSS
