Price action short setup on USDCAD.
Sell at 1.2620, an intersection of static resistance line, dynamic barrier and R2 pivot point.
Partial fix at 1.2592, a bottom channel line. Its break indicates short position confirmation.
The following targets at 1.2530 and 1.2470 at static support areas.
Sell at 1.2620, an intersection of static resistance line, dynamic barrier and R2 pivot point.
Partial fix at 1.2592, a bottom channel line. Its break indicates short position confirmation.
The following targets at 1.2530 and 1.2470 at static support areas.
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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.