yummy USDCAD setup

178
Along with my bearish bias on DXY, I'm targeting the liquidity downside on the CAD.
2.5 RR but keep in mind runners have a possibility to dump waaay lower. We have room to the downside...

OK be safe byyyy
Order cancelled
I anticipate the monthly gap on dollar index to be a breakaway gap (for now), so no longer interested for this setup, shorting CAD.
Note
Quick correction side note: The daily gap on DXY was never closed above. Meaning my bearish target/bias was never invalidated on DXY. Anyways CAD was too strong and would got stopped out from this setup. OKk be safe byyyy

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.