Hi everyone
here we have the usdcad h1 tf a break to the downside where price failed to break the previous swing high and broke through the support with momentum i notice a few key levels of s/r from the past few days and charted them in green price broke below the 1.2670 lvl and retests it as resistance i enter the market short as price continues down i have three price targets first tp is around the 1.2640 area and lastly second tp around 1.2590 and finally 1.2520 area check the chart for a visual as of now I'm short with a stop at 1.26958. Let me know your thoughts below!
here we have the usdcad h1 tf a break to the downside where price failed to break the previous swing high and broke through the support with momentum i notice a few key levels of s/r from the past few days and charted them in green price broke below the 1.2670 lvl and retests it as resistance i enter the market short as price continues down i have three price targets first tp is around the 1.2640 area and lastly second tp around 1.2590 and finally 1.2520 area check the chart for a visual as of now I'm short with a stop at 1.26958. Let me know your thoughts below!