Quick short term day trade set up on USDCAD.
Higher low, breakout of lower timeframe wedge yesterday, trendline and EMA supporting price.
This could go a lot higher than TP1 shown on the chart because USD is weak across the board so plenty of upside.
Higher low, breakout of lower timeframe wedge yesterday, trendline and EMA supporting price.
This could go a lot higher than TP1 shown on the chart because USD is weak across the board so plenty of upside.
Trade active
Trade closed: stop reached
A loss unfortunately
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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.