prime1000

BREAKOUT + ORDER BLOCK + BREAK & RETEST

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price broke out of the range, touched the bearish order block and is heading back to the range. There is a possibility that price might enter the range again. I am already in a sell from entry 1(the higher entry). If price enters back into the range, you can choose to sell at entry 2(the lower entry) after a break and retest of the range. Good luck.

Entry 2 - 1.33238

SL - 1.33648

TP - 1.32418

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.