Technical Analysis and Potential Break Setup USDCAD

Por QDX_dsconsole2
Actualizado
Currently bearish on this pair, but a lot still left to be seen. Potential short-term sell opportunity if exhaustion forms around current price point, indicating a likely move down to the bottom of the current channel. Once it reaches the bottom, a break to the downside has a high probability of happening due to an extended period of time spent within said channel. Upward trend weakness can be seen, signaling an imminent reversal.
Operación activa
Took a short after some good bearish continuation formed in our area of interest. Will look to move stop loss to BE if the first target is reached. LET'S GO!
Comentarios
A little bit of a late entry, but still should give some pretty good PIPs
Operación cerrada manualmente
Closed before the weekend. Took profit and avoided swap
Chart PatternsTechnical Indicatorsquad_xquadxTrend Analysis
QDX_dsconsole2

Exención de responsabilidad