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U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD Trading Plan: sell the breakout of the trading range

1 242
snapshot

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
Note
The market is going down
Note
T1 Reached
Note
Stop was trailed to breakeven
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CADChart PatternsdollarforecastForexforexsignalsforextradingTechnical IndicatorsTechnical AnalysisTrend AnalysisUSD
VasilyTrader
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❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

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.