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U.S. Dollar / Canadian Dollar
Short
Updated

Trade idea - USDCAD Short

123
4H

Corrective approach towards entry zone.

= Instant market execution Sell.

1.5% risk.

Aiming to take full profit at Daily TP.
Note
MONTHLY

Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bearish impulse / break of last HL: indication.

Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active
Trade closed: stop reached
Break even.
Pipjager
Chart PatternsDXYForexnoindicatorsshortsetupsupply_and_demandSupply and DemandsupportandresistancezonesTechnical AnalysisTrend AnalysisUSDCADDJ FXCM Index

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.
Chart PatternsDXYForexnoindicatorsshortsetupsupply_and_demandSupply and DemandsupportandresistancezonesTechnical AnalysisTrend AnalysisUSDCADDJ FXCM Index
Pipjager

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.