U.S. Dollar / Canadian Dollar
Short
Updated

USD-CAD: Bearish Trading Opportunity

497
Hi Freedom Traders,

in the 60min/240min chart of the USDCAD a completion of a bearish cypher pattern would offer us a high probability trading chance.

You find possible entry and exit levels for minimizing risk and maximizing profits in the chart.

Happy Trading!
Trade active
Note
there is also a possible alternative short entry with a better risk/reward:

USDCAD another short opportunity
Note
profit target1 reached: +60pips
Trade closed: target reached
profit target2 reached: +98 pips :-)

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.