USDCAD has an interesting short setup here, after retesting a heavy resistance zone, apparently completing a terminal pattern, completing a correction before more downside. We can short on weakness, and short rallies to the 1.35 zone. Price shouldn't go above 1.35565 here, so place a stop there, rather simple.
Good luck,
Ivan Labrie.
Good luck,
Ivan Labrie.
Note
You may add in this zone:Note
Note
Profit of 0.85% rising 1% total now.Hold for at least 3 days after today.
Then we can decide if we let it run or not.
Note
Still choppy, but it could be viable to reenter. Stop was hit sadly.
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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.