Hope everyone has had a good month of trading this August.
Here is a USDCAD setup that I've had my eyes on since Friday.
Price broke out on Monday and has retested my sell zone today, as well as the broken trend line.
Looking to swing this pair back to this weeks initial lows. However, I see more potential downside on this pair if the structure is respected.
Trade safe and good luck!
Here is a USDCAD setup that I've had my eyes on since Friday.
Price broke out on Monday and has retested my sell zone today, as well as the broken trend line.
Looking to swing this pair back to this weeks initial lows. However, I see more potential downside on this pair if the structure is respected.
Trade safe and good luck!
Trade closed manually:
I’ve closed this pair for -10 pips as I don’t like the structure on lower TF’s.