USDCAD Trading Plan: sell the breakout of the trading range
after a strong bullish impulse usdcad is approaching a significant structure resistance/
overbought rsi and divergence, and contraction inside a trading range give an indication of market exhaustion.
your plan is:
wait and sell the breakout of a trading range.
T1 - 1.3535
T2 - 1.34
Note
The market is going downNote
T1 ReachedNote
Stop was trailed to breakeven
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
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Related publications
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.