USDCAD still choppy
USDCAD has been moving sideways for quite some time. After the recent price increase, the trend is already weakening again.
We open a short position with a stop loss just above 1.3250 and target the upper edge of the latest bullish order block on H1, giving us a favourable RRR of 1.7:1.
We open a short position with a stop loss just above 1.3250 and target the upper edge of the latest bullish order block on H1, giving us a favourable RRR of 1.7:1.
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