naturex1

USD/CAD Short from resistance zones in down trend

Short
naturex1 Updated   
EIGHTCAP:USDCAD   U.S. Dollar / Canadian Dollar
As title says, we have two big resistance zone to short from. Waiting for shift in structure to enter position. Exit if we break above this zone and re-enter if we get to the next zone above. Target the next big support zone as marked on the chart.
Good Luck!
Comment:
We broke out from this zone and will wait for price to reach the next resistance zone to look for a shift in structure and entry.
Trade active
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.