Short

USDCAD Short (Sell) Trade Setup

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Price has ran into a strong-ish sell zone and has reacted well. Look for price action signals for a potential short back to one of the demand zones. I do believe 1.261 is a reasonable end target.

Nota

This doesn't meet with my criteria exactly and so I won't be taking this trade myself.

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If you've taken this trade, it may be wise to take TP1 from this area.

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Take TP2

Trade chiuso manualmente

Although I'm bearish on this pair, the 4hr is making higher lows.

Nota

I closed the trade already on Feb 8th but the target was reached 24hrs later.

AEFX786

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Disclaimer: I do not take all of the trades I publish.

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