USDCAD STILL DROPPING

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I was trying to buy some usdcad yesterday, but it break a new low in daily chart.

So my plan is sell any pull back today and target supply zone which is around 1.295-1.298
Commento
istantanea
Commento
despite price hit the 1h trendline, i did not open the trade becoz i dont think it is a perfect entry to start selling.
on the contrary, i might say it is a good pulling back to buy according to 4H chart.
Commento
istantanea
Commento
For shorting plan, my entry point is 1.3182 based on the FIB0.618 and structure.
SL above previous high.
Trend Analysis

Declinazione di responsabilità