USDCAD Uptrendline Support Broken -- Short Swing play
White line will be the trendline resistance for the play
Red line is the stop loss area
Daily view of the trendline support:
First TP is 1.25 or till the white trendline resistance is showing some weakness
Red line is the stop loss area
Daily view of the trendline support:
First TP is 1.25 or till the white trendline resistance is showing some weakness
Note
Trade closed manually
Traded as a hedge but looks like this plan might not work out
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.