USDCAD - POTENTIAL SHORT ENTRY
USDCAD OUTLOOK
Price trading inside bearish channel and is approaching a key order block, thus creating a potential opportunity for a sell.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:4
USDCAD
SELL LIMIT ORDER
RR 1:4
EP: 1.35950
SL: 1.36200 (25 pips)
TP: 1.34950 (100 pips)
Price trading inside bearish channel and is approaching a key order block, thus creating a potential opportunity for a sell.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:4
USDCAD
SELL LIMIT ORDER
RR 1:4
EP: 1.35950
SL: 1.36200 (25 pips)
TP: 1.34950 (100 pips)
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