Potential short for USDCAD
possible reversal in the highlighted zone, confirming a double (rain) 'drop' top ;)
could also retest the trendline first, for a third bounce strike rule..
TP's based on previous resistance and support on a line chart.
I think Ill wait till this candle close, otherwise for a bounce on the trendline before Ill enter this trade.
possible reversal in the highlighted zone, confirming a double (rain) 'drop' top ;)
could also retest the trendline first, for a third bounce strike rule..
TP's based on previous resistance and support on a line chart.
I think Ill wait till this candle close, otherwise for a bounce on the trendline before Ill enter this trade.
Note
If the last candle closes in the zone, confirmation for a bat pattern.
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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.