LeeThompson97

USD/CAD New Entry Opportunity

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
If you take a look at the last USD/CAD opportunity I posted, you will see that price is currently dropping from the resistance level that was identified. I am in this trade from the resistance level I posted, however here is another opportunity for an entry into this trade. Price has a bias to fall to the downside after breaking out of the pendant - this will complete the target that I set on the last USD/CAD post. (View this chart in the 5 min interval for a clearer picture)
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.