USDCAD Possible Short
Bearish Bat Pattern setup. Currently at 88.6 from XA Leg. Broke into daily supply zone (blue). Currently testing the 4H supply zone. Possible consolidation in the daily supply zone. Waiting for bearish conformation before entering. Looking to enter around 1.335 Taking profits at 1.321
Note
Just entered at 1.335stops @ 1.34
target 1 @ 1.321
target 2 @ 1.314
Note
Looks like its waiting on CAD GDP numbers to come out before dropping. Projecting CAD to hit on their numbers
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.