USDCAD 3 touch possibility on the 1HR with a 3rd touch on the Bear Flag and test of the dynamic S/R sitting just above the candles.
after the rejection of the 3rd touch/Dynamic S/R looking to short. If thesis is correct I will look to have
Entry: 1.3220
S/L: 1.3235(BREAKEVEN AFTER TP1 HIT)
TP1: 1.3188(R/R 2.15)
TP2: 1.3150(R/R 4.7)
TP3: 1.3075(R/R 9.7)
after the rejection of the 3rd touch/Dynamic S/R looking to short. If thesis is correct I will look to have
Entry: 1.3220
S/L: 1.3235(BREAKEVEN AFTER TP1 HIT)
TP1: 1.3188(R/R 2.15)
TP2: 1.3150(R/R 4.7)
TP3: 1.3075(R/R 9.7)
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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.