Short

USDCAD ready for some sells?

Updated

USDCAD breaking bullish trend on 30 min, retested high and failed to create a new HH, ready for a short toward the 1.35 region for a retest of the impulse and imbalance.

What do you think?

Note

TP1 has now hit, we can expect a minor pullback before continuation to the next TP level.

Great entry with very minimal risk. 2.7 risk reward ratio achieved with TP1.

Expecting futher selling pressure.

Note

Pullback now done, same entry has been taken again for another sell with same conditions.

Expecting further selling pressure with a second TP1 hit and following further down.

Note

Tp2 hit

Note

Tp3 hit

MojitoMK

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.