Potential Short on USDCAD
Just broke above resistance level on weekly but momentum is running out based on rsi, but still above the 21 and 180 day ema.
If it closes above the trend line it will go higher
I think it's going to get rejected at trend line and come down a few pips.
Thanks for reading and good luck people!!
Just broke above resistance level on weekly but momentum is running out based on rsi, but still above the 21 and 180 day ema.
If it closes above the trend line it will go higher
I think it's going to get rejected at trend line and come down a few pips.
Thanks for reading and good luck people!!
Note
ENTRY: 1.30795TAKE PROFIT: 1.27320
STOP LOSS: IS FOR CHUMPS HAHA
Order cancelled
Stop loss is clearly not for chumps haha, exit trade
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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.