USDCAD - Trade Idea
USDCAD -
We can see the high amount of rejection from 1.3400 key level. The only thing stopping the swing trade to the upside is the resistance level at the fib.
We can short from here back to the downside with the trade if we get rejection price action. However if the pair breaks for the reasons highlighted in the chart we could be in for a nice long trade.
Once the pair give us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful furthermore, I hope it brings value to your trading.
If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner.
Trade Safe
Alpha Trading Group.
We can see the high amount of rejection from 1.3400 key level. The only thing stopping the swing trade to the upside is the resistance level at the fib.
We can short from here back to the downside with the trade if we get rejection price action. However if the pair breaks for the reasons highlighted in the chart we could be in for a nice long trade.
Once the pair give us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful furthermore, I hope it brings value to your trading.
If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner.
Trade Safe
Alpha Trading Group.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。