Following the trend - USDCAD - retest entry
After the Bears took control at 1.36500, a very strong bearish momentum has pushed the market in a strong downward trend, retesting off resistance zones as it continues to decline.
Price hit our resistance zone of 1.33215 and continued to decline to our target 1 - 1.32776. We'll leave partial of our profits to keep running to reach our target 2 (major support zone) at level 1.32536
Happy trading
- Juff
Price hit our resistance zone of 1.33215 and continued to decline to our target 1 - 1.32776. We'll leave partial of our profits to keep running to reach our target 2 (major support zone) at level 1.32536
Happy trading
- Juff
Trade closed: target reached
Target 1 reachedNote
Move SL to breakeven. Keep partial profit running to hit Target 2Trade closed: target reached
Target 2 reached
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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.
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.