I previously wrote an analysis mentioning how USDCAD could potentially be a sell. This trade worked out perfectly, and put us over 300 pips in profit. Now we see the pair is struggling to break through one of the trendline's its traveled through in the past several days. I can only expect a drop to occur until it touches the bottom of the trendline; where the bottom blue arrow touches.
Trade active
30+ pips profit so farTrade active
130+ pips profit so farTrade active
400+ pips profit
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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.