Trading Idea #USDCAD (SHORT)
👋Hello Traders!
I analyze #USDCAD in detail in this video. I bring to your attention one of my positions.
📈USDCAD (MN1) formed an uptrend in June, unfortunately, it has never been corrected yet. And now, on a shorter timeframe, it has formed a "Double Top", which, after breaking through the support level 1.24765, will begin to go down to 1.22960.
🎯I recommend SellStop 1.24000 with SL ~ 1.25100.
✅ If you like what I do - put 👍 and subscribe ❗️
❓ I would be glad to see your comments, what do you think about this?
DISCLAIMER:
This idea is not a trade recommendation, it has an informational purpose. The trader independently analyzes and decides whether to use this information.
I analyze #USDCAD in detail in this video. I bring to your attention one of my positions.
📈USDCAD (MN1) formed an uptrend in June, unfortunately, it has never been corrected yet. And now, on a shorter timeframe, it has formed a "Double Top", which, after breaking through the support level 1.24765, will begin to go down to 1.22960.
🎯I recommend SellStop 1.24000 with SL ~ 1.25100.
✅ If you like what I do - put 👍 and subscribe ❗️
❓ I would be glad to see your comments, what do you think about this?
DISCLAIMER:
This idea is not a trade recommendation, it has an informational purpose. The trader independently analyzes and decides whether to use this information.
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.