USDCAD SHORT
We could have a potential short position on USDCAD as we have an imbalance in the market on the 4HR timeframe which price needs to fill. To add to the confluences, price has touched our SC level which and is sitting at the 50% quarter level. With a 30 pip risk and 240 pip reward were looking at a 1:7 r/r.
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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.