USD/CAD Trade Idea
📈 USD/CAD Trade Idea 🐻
📊 Analysis:
- Trend: Bullish 📈
- RSI: Bearish Divergence 🐻
- Reversal Pattern: Double Top 👉👈
- Breakout Confirmation: Await neckline crossing ⏳
📝 Trade Plan:
Considering the bullish trend with a potential double top formation and bearish RSI divergence, I've executed a SELL STOP ORDER @ 1.33156 📉
🛡️ Risk Management:
- Stop Loss @ 1.33968 🛑
- Take Profit (1:1) @ 1.32424 🎯
⚠️ Investment Advice:
Remember, trading carries inherent risks. This idea is for educational and informational purposes only. Always use proper risk management and consider your financial situation before entering any trade. #InvestWisely 🧠💼
🚨 Disclaimer: This is not financial advice. Trade at your own risk. #USDCADBearish #ForexTrading #DoubleTop #RSIDivergence #BreakoutTrading #TradeSmart #RiskManagement 👆 #Forex #TechnicalAnalysis #TradingView
📊 Analysis:
- Trend: Bullish 📈
- RSI: Bearish Divergence 🐻
- Reversal Pattern: Double Top 👉👈
- Breakout Confirmation: Await neckline crossing ⏳
📝 Trade Plan:
Considering the bullish trend with a potential double top formation and bearish RSI divergence, I've executed a SELL STOP ORDER @ 1.33156 📉
🛡️ Risk Management:
- Stop Loss @ 1.33968 🛑
- Take Profit (1:1) @ 1.32424 🎯
⚠️ Investment Advice:
Remember, trading carries inherent risks. This idea is for educational and informational purposes only. Always use proper risk management and consider your financial situation before entering any trade. #InvestWisely 🧠💼
🚨 Disclaimer: This is not financial advice. Trade at your own risk. #USDCADBearish #ForexTrading #DoubleTop #RSIDivergence #BreakoutTrading #TradeSmart #RiskManagement 👆 #Forex #TechnicalAnalysis #TradingView
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.
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.