USD/CAD | Potential Downward Movement
💡 Trade Idea
📉 Sell Limit USD/CAD @ 1.2772
🎯 Target Profit 1.2623
🛑 Stop Loss 1.2838
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The market has moved lower and then posted a higher correction near the resistance trendline. The price now is traded near the 50% Fibonacci pullback indicating a potential move downward towards the 1.2623 level.
📉 Sell Limit USD/CAD @ 1.2772
🎯 Target Profit 1.2623
🛑 Stop Loss 1.2838
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The market has moved lower and then posted a higher correction near the resistance trendline. The price now is traded near the 50% Fibonacci pullback indicating a potential move downward towards the 1.2623 level.
