Get started
ShaharyarZafar

USDCAD Break of Structure and Shorting Opportunity

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ShaharyarZafar  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis USDCAD short Trend Line Break
5
0
trendanalysis usdcad short trendlinebreak
USDCAD has broken below a structure level identified at H4. It has also broken a trendline headed downwards. There's a good chance that this will retest and complete it's downward move to the main structure level. Looking for a risk to reward ratio of 1.34
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.