Short position on USD/CAD ahead of tomorrows FOMC meeting and CAD GDP report
The fundamentals mentioned will both highly impact this pair and the currency markets overall tomorrow
However we can see clear indications to take this pair short with the double top on the 4H and taking a look at the HTF
- 30 Pips risk
- TP1 = 1.3090 = 85 pips
- TP2 = 1.3000 = 175 pips
High R:R setup
Make sure to either mitigate your risk heading into the fundamental announces tomorrow or to move your SL to B/E after 30 pips in profit
*This is NOT financial advice*
The fundamentals mentioned will both highly impact this pair and the currency markets overall tomorrow
However we can see clear indications to take this pair short with the double top on the 4H and taking a look at the HTF
- 30 Pips risk
- TP1 = 1.3090 = 85 pips
- TP2 = 1.3000 = 175 pips
High R:R setup
Make sure to either mitigate your risk heading into the fundamental announces tomorrow or to move your SL to B/E after 30 pips in profit
*This is NOT financial advice*
Operación activa:
Stop moved to B/E as we near the US open