USDCAD D1 Sell:
- Descending trendline bounce
- Rejected H4/D1 resistance zone
- Elliott Wave triangle pattern
Need confirmation:
- Next daily candle closure below the resistance level (blue box).
- Price respects the daily downward trendline
Entry:
- Enter between: 1.32900 - 1.33000
- Stoploss: 1.33350-1.33400
- Take profit: 1.30600-1.30700
- Descending trendline bounce
- Rejected H4/D1 resistance zone
- Elliott Wave triangle pattern
Need confirmation:
- Next daily candle closure below the resistance level (blue box).
- Price respects the daily downward trendline
Entry:
- Enter between: 1.32900 - 1.33000
- Stoploss: 1.33350-1.33400
- Take profit: 1.30600-1.30700
Trade active
We can enter this trade now. TP & SL advised.
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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.