Bearish Butterfly on the USDCAD at the top of a channel waiting for price to hit PRZ and some divergence with RSI
PRZ: 1.33900
TP1: 1.31586
TP2: 1.30250
PRZ: 1.33900
TP1: 1.31586
TP2: 1.30250
Trade active
Price reached the 1.33900 and was rejected I waited for a retracement and went in at 1.33377 with a stop loss at 1.34016.Trade closed: stop reached
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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.