USDCAD Short Setup
Canadian Dollar looks like it could continue a selloff.
The Major Pivot Stack is in place for resistance and the bias is to the downside.
Go short on weakness through 1.3190 with a stop loss at 1.3272 and place a profit target at 1.3071.
The Major Pivot Stack is in place for resistance and the bias is to the downside.
Go short on weakness through 1.3190 with a stop loss at 1.3272 and place a profit target at 1.3071.
Trade closed: stop reached
Note
If you trailed your stop loss hopefully you did not lose to the original stop loss level and conserved some gains or minimized losses without slippage.
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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.