Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USD/CAD Weekly Double Top Short
U.S. Dollar / Canadian Dollar
Short
USD/CAD Weekly Double Top Short
By TheTradingRoom
Follow
Follow
Jun 20, 2022
0
Jun 20, 2022
The USD/CAD has a key technical level worth looking at:
Weekly Double Top, 1.3076-79
If we break north of 1.3000, here's the trade:
1) Sell 1.3074 isn’t a bad way to play the action
2) Initial stop at 1.3106
3) This trade produces 32 pips on a standard 1:1 risk vs reward ratio.
Beyond Technical Analysis
usdcadshort
TheTradingRoom
Follow
Also on:
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
.