USDCAD Short Idea
USD start of wave three. USDCAD swept equal highs on the weekly. May have more downside to major support. USD may get weaker from here. Risking half percent on this trade. Meets all of my trade criteria except for retail sentiment. Currently 60% short. However the pair has high short interest from retail last week. Should see a shift to retail longs if we see more downside for the pair.
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.
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.