USDCAD short trade idea

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Hello Traders! ,.. this setup quite interesting, honestly we can go to both directions, either up or down we need to wait for the price to breakout its support or resistance level .

Plan : support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar , etc --> SELL

**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.

Thank you for your support ;)



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.