Trading Idea #USDCAD (SHORT)
👋Hello Traders!
I analyze #USDCAD in detail in this video. I bring to your attention one of my positions.
📈USDCAD (MN1) formed an uptrend in June, unfortunately, it has never been corrected yet. And now, on a shorter timeframe, it has formed a "Double Top", which, after breaking through the support level 1.24765, will begin to go down to 1.22960.
🎯I recommend SellStop 1.24000 with SL ~ 1.25100.
✅ If you like what I do - put 👍 and subscribe ❗️
❓ I would be glad to see your comments, what do you think about this?
DISCLAIMER:
This idea is not a trade recommendation, it has an informational purpose. The trader independently analyzes and decides whether to use this information.
I analyze #USDCAD in detail in this video. I bring to your attention one of my positions.
📈USDCAD (MN1) formed an uptrend in June, unfortunately, it has never been corrected yet. And now, on a shorter timeframe, it has formed a "Double Top", which, after breaking through the support level 1.24765, will begin to go down to 1.22960.
🎯I recommend SellStop 1.24000 with SL ~ 1.25100.
✅ If you like what I do - put 👍 and subscribe ❗️
❓ I would be glad to see your comments, what do you think about this?
DISCLAIMER:
This idea is not a trade recommendation, it has an informational purpose. The trader independently analyzes and decides whether to use this information.
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