USDCAD Trading Plan: sell the breakout of the trading range
Updated
after a strong bullish impulse usdcad is approaching a significant structure resistance/
overbought rsi and divergence, and contraction inside a trading range give an indication of market exhaustion.
your plan is:
wait and sell the breakout of a trading range.
T1 - 1.3535
T2 - 1.34
Comment
The market is going downComment
T1 ReachedComment
Stop was trailed to breakeven
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