Short USDCAD
d1: the price fall down from supply zone
h4 : the price break the key level of up trend and double top pattern is created
h1: the price retest the key level of h4 and double top pattern is created
the key level of h4 also is fibo 0. 5-0 .618 of h1 down wave
the bearish candle got strong volume .
So open a short position
R:R target
1:5.3
h4 : the price break the key level of up trend and double top pattern is created
h1: the price retest the key level of h4 and double top pattern is created
the key level of h4 also is fibo 0. 5-0 .618 of h1 down wave
the bearish candle got strong volume .
So open a short position
R:R target
1:5.3
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.