USDCAD Short Trade Scale In *INTRADAY TREND CONTINUATION*
Potential short trade entry on USDCAD this morning. This is a scaling in opportunity after my original short entry from 2 weeks ago. (see linked ideas).
Price has made lower lows on the 4hr timeframe chart, broken the support level at 1.32620 and is now retesting this zone. Alos here is the 0.618 fibonacci retracement level.
I believe price will now make a lower high before continuing down to make lower lows and reach the daily/weekly support at 1.30500
Price has made lower lows on the 4hr timeframe chart, broken the support level at 1.32620 and is now retesting this zone. Alos here is the 0.618 fibonacci retracement level.
I believe price will now make a lower high before continuing down to make lower lows and reach the daily/weekly support at 1.30500
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Profit Target 1 tapped
Trade stängt: målet nått:
Final profit target reached at 1.30500 daily support
