USDCAD - In a triangle, ready to go for the HUGE impulse down.
If USDCAD 0.07% breaks the triangle (could be a flag) consolidation, and follows the bigger structure on the daily, we are looking at many pips on the downside.
Short right about now.
SL: 1.3293
Target 1: 1.300
final target: 1.142 (I know, unbelievable).
Short right about now.
SL: 1.3293
Target 1: 1.300
final target: 1.142 (I know, unbelievable).
Note
Check the daily timeframe overview. Impressive, right?Cannot help saying how happy I am to be short in this trade from the 1.36 level : )
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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.