Hi traders community!
Welcome to my new free signal!
USD/CAD Day Swingtrade
Market-Sell: 1,3060
Stop-Loss: 1,31000
Target 1: 1,30300
Target 2: 1,29800
Stop-Loss: 40 pips
Risk: 0,5-1%
Risk-Reward: 2,0
Pivot (invalidation): 1.3100
Our preference
Short positions below 1,3100 with targets at 1,3030 & 1,2980 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3125 & 1.3145 as targets.
Comment
As Long as the resistance at 1.3100 is not surpassed, the risk of the break below 1.3050 remains high.
Welcome to my new free signal!
USD/CAD Day Swingtrade
Market-Sell: 1,3060
Stop-Loss: 1,31000
Target 1: 1,30300
Target 2: 1,29800
Stop-Loss: 40 pips
Risk: 0,5-1%
Risk-Reward: 2,0
Pivot (invalidation): 1.3100
Our preference
Short positions below 1,3100 with targets at 1,3030 & 1,2980 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3125 & 1.3145 as targets.
Comment
As Long as the resistance at 1.3100 is not surpassed, the risk of the break below 1.3050 remains high.