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GoldenEngine
Apr 8, 2024 1:04 PM

USDCAD - 4hrs ( Sell Trade Target Range 120 PIP )  Short

U.S. Dollar/Canadian DollarFXCM

Description

💵Pair Name : USD/CAD

🌐1 DAY RELATIVE PERFORMANCE
USD 0.00% / CAD 0.09 %

Time Frame : 4hrs
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💲Why We Enter'd This Trade / Short
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The selling area is at 1.35800 with a break of it
Why was it sold out of the area?

Firstly, the daily rotation zone from 1.35850: 1.36150

Second: The choch area was broken from below

Third: There is a significant weakness in the dollar pairs, and the value area has been broken over the 4 hours

Fourth: We also have a bounce from a strong monthly and quarterly area at 1.36400
Comments
pullbacksignal
Good trading plan
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