USDCAD : Shorting Trade setup with trendline
Updated
The extended support trendline got retested and making lower highs in Usdcad, this setup can be used by both conservative & aggressive traders as mentioned in the chart. Anyway it got good risk:reward ratio, checking with your trade plan before placing the trades is suggested :)
Comment
Next hour or so, get ready to book profits :)Comment
Book your profits, some might have already booked in that 2 pip difference :)
Related publications
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.