USDCAD market turn to slightly bearish on H1 timeframe and the all the ema's has broken to the downside. Spotted nearest supply area (Red Rectangle).we have a chance to take a short position from this area.
Entry Position : Short Profit Target : 1:3 Shown on the chart image (Green Line) Stop Loss : Slightly above supply area (Red Line)
Follow me if u guys making any gains from this idea.
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.