Possible USDCAD short idea.

30. Okt. 2023

Price has reached the resistance line and showed some rejection but we have to wait for retest before entering.
Not financial advice. Do your own analysis and confirm it.

31. Okt. 2023

Trade ist aktiv

31. Okt. 2023

Kommentar

This trade is based on top down analysis. You can check weekly TF and see the red candle.

31. Okt. 2023

Kommentar

Price has retested the level and showing rejection.

2. Nov. 2023

Kommentar

Price is showing rejection but waiting for NY Session for huge down move.

11. Nov. 2023

Kommentar

Setup still valid. Don't worry, price is going to reverse again from that point because there is a long upper wick on the candlestick

13. Nov. 2023

Trade ist aktiv

I shorted more USDCAD since it has reached the supply zone and made a long upper wick candlestick. Have to wait for NY session for price to move down.

4. Dez. 2023

Kommentar

Closed the trade manually because couldn't wait for too long. Congrats on those who followed this trade.🎉