Possible USDCAD short idea.

2023年10月30日

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.

2023年10月31日

交易進行

2023年10月31日

評論

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

2023年10月31日

評論

Price has retested the level and showing rejection.

2023年11月2日

評論

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

2023年11月11日

評論

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

2023年11月13日

交易進行

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.

2023年12月4日

評論

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