Possible USDCAD short idea.

Actualizado
Price has reached the resistance line and showed some rejection but we have to wait for retest before entering.
Not financial advice. Do your own analysis and confirm it.
Operación activa
Comentarios
This trade is based on top down analysis. You can check weekly TF and see the red candle.
Comentarios
Price has retested the level and showing rejection.
Comentarios
Price is showing rejection but waiting for NY Session for huge down move.
Comentarios
Setup still valid. Don't worry, price is going to reverse again from that point because there is a long upper wick on the candlestick
Operación activa
I shorted more USDCAD since it has reached the supply zone and made a long upper wick candlestick. Have to wait for NY session for price to move down.
Comentarios
Closed the trade manually because couldn't wait for too long. Congrats on those who followed this trade.🎉
Support and Resistance

Exención de responsabilidad