Get started
Akil_Stokes

USDCAD - BREAK BELOW, CLOSE BELOW

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Akil_Stokes Wizard  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance structure trendtrading trendcontinuation pullbacktrade retracement extension
23
3
trendanalysis supportandresistance structure trendtrading trendcontinuation pullbacktrade retracement extension
Today's $USD weakness has pushed the $USDCAD below previous structure lows, opening up the opportunity for yet another extension lower.

I don't know what type of relief that we'll see with price (when do we ever KNOW what the market will do), but I will be eying up a few different levels for my next opportunity to get short over the upcoming days/weeks.

Akil
"The Trading Coach Podcast" - Available on your favorite podcasting app!
anchor.fm/thetradingcoachpodcast

Related Ideas

Akil_Stokes
USDCAD - Consolidation & Reversal
Akil_Stokes
USDCAD - The Fibonacci Inversion Trade
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.