DrSwing_Forex

USD/CAD (1h chart): 4 Good Reasons To Sell!!!!

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
4 Good Reasons to Short this pair!!!
Hammmer reversal candlestick confirmation on the 5min chart.
Breakout and retest of trendline setup formed on the 1hour chart.
Sell setup formed on the 4hour downward trendline.
Test of resistance level on the 1hour chart.

Risk: 24pips
Reward: 201.4 pips

Please share your views on this trade and follow for more quality trades like this!!!!
Please like if you agree with the idea!!!

DR.Swing_Forex



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.