USDCAD: Sell the rally in short term?
We already used this pair for some trades last week (see chart below), but from my point of view, it still remains interesting in the short term.
From a technical point of view,
USDCAD pair is developing something of an impulse structure (12345) on hourly chart, and my idea is to try to take a short position on the last impulsive wave (5) with a first target area around 1.3526.
OUR LAST SETUP
(Click & Play on chart below)
Note: Updates will follow below.
Trade with care!
Like if my analysis is useful.
Cheers!
From a technical point of view,
USDCAD pair is developing something of an impulse structure (12345) on hourly chart, and my idea is to try to take a short position on the last impulsive wave (5) with a first target area around 1.3526.OUR LAST SETUP
(Click & Play on chart below)
Note: Updates will follow below.
Trade with care!
Like if my analysis is useful.
Cheers!
Trade closed: target reached
TP1 hit ❤
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