Dollaro / Dollaro canadese
Short
Aggiornato

Technical Analysis and Potential Break Setup USDCAD

164
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.
Trade attivo
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!
Nota
A little bit of a late entry, but still should give some pretty good PIPs
Trade chiuso manualmente
Closed before the weekend. Took profit and avoided swap

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