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Usdcadsignal

USD/CAD Price Outlook – Trade Setup📊 Technical Structure OANDA:USDCAD USD/CAD is trading flat around 1.3950, holding below the 1.3966–1.3975 Resistance Zone, where repeated rejections keep the short-term bias tilted to the downside. The pair continues to oscillate within a compressed structure, failing to sustain any break above resistance, while the 1.3928–1.3937 Support Zone remains untested below. As long as price stays under the resistance band, the structure favours another push lower toward support. A clean hourly close above 1.3975 would invalidate the bearish setup and shift momentum back upward. 🎯 Trade Setup Entry: 1.3966 – 1.3975 Stop Loss: 1.3980 Take Profit 1: 1.3937 Take Profit 2: 1.3928 Risk–Reward Ratio: Approximately 1 : 2.5 Bearish structure remains valid below 1.3975. A breakout above this level invalidates the setup. 🌐 Macro Background USD/CAD trades in a tight range ahead of Canada’s November employment report. Markets expect the Unemployment Rate to rise to 7%, signalling slower labour-market conditions and increasing the likelihood that the Bank of Canada (BoC) could extend its easing cycle at next week’s policy meeting. Soft Canadian data would generally weaken the CAD. Meanwhile, the US Dollar remains subdued as traders firmly price in a 25 bps Fed rate cut at the December 9–10 meeting. According to the CME FedWatch Tool, the probability of a cut stands near 87%. Weakening labour-market indicators in the US and expectations that tariff-driven inflation is non-persistent add to the dovish pressure on the USD. Overall, both currencies face macro headwinds, but the technical picture for USD/CAD favours a downside continuation toward support unless Canada’s jobs report surprises significantly. 🔑 Key Technical Levels Resistance Zone: 1.3966 – 1.3975 Support Zone: 1.3928 – 1.3937 Structure Break (Invalidation): 1.3980 Targets: 1.3937 / 1.3928 📌 Trade Summary USD/CAD remains capped beneath the resistance zone, preserving a short-term bearish structure. The preferred approach is to sell into 1.3966–1.3975, targeting a move back toward 1.3928–1.3937 support. A sustained move above 1.3980 cancels the setup. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Short
by ATFX_Global
USD/CAD Closing in on Breakout! Will Bulls Take Control?🔥 USD/CAD "THE LOONIE": Bullish Breakout Play (Swing Trade Setup) | Layer Entry Strategy 🚀 TradingView Description: 🎯 TRADE IDEA: BULLISH SWING ON USD/CAD 🏆 Plan & Thesis: The Loonie is approaching a critical juncture! 🧐 We are stalking a potential bullish breakout above the strong resistance zone at 1.41400. Our plan is to patiently wait for a confirmed breakout and momentum shift, signaling the next leg up. This is a swing trade opportunity targeting a key resistance area. ⚡ Why This Setup? Key Resistance Break: A decisive break above 1.41400 indicates buyer strength overpowering sellers. Trend Continuation: Aligns with the broader bullish structure on the higher timeframes. Low-Risk, High-Reward Entry: Using the "Thief" layer strategy to optimize our average entry price. 📈 Trade Execution Details: 🎯 Entry Strategy (The "Thief" Layer Method): 🤑 We do not chase the price! We use a strategic layer of Buy Limit orders to enter on any retracement after the breakout is confirmed. Layer 1: 1.41200 Layer 2: 1.41000 Layer 3: 1.40800 Layer 4: 1.40600 👉 You can adjust the number of layers and levels based on your capital and risk appetite. 🛑 Stop Loss (RISK MANAGEMENT): A consolidated stop loss is placed below all entry layers at 1.40400. ⚠️ Disclaimer: This is MY stop loss. Please adjust your position size and SL based on YOUR personal risk management strategy. Protect your capital! 🎯 Take Profit Target: Our primary profit target is set at 1.42100, a zone of strong historical resistance where we anticipate a pullback or overbought conditions. 💡 Pro Tip: Consider taking partial profits on the way up and moving your stop loss to breakeven to secure risk-free trades! 🌐 Market Context & Correlated Pairs to Watch: Understanding correlations is key to validating this thesis! Keep an eye on these: OANDA:USDCAD & PEPPERSTONE:USDX (DXY): 👑 DIRECT CORRELATION. A stronger US Dollar Index typically boosts USD/CAD. Watch for DXY strength to confirm our bullish bias. OANDA:USDCAD & GETTEX:WTIC (Crude Oil): 👑 INVERSE CORRELATION. Canada is a major oil exporter. If Oil prices fall, CAD often weakens, pushing USD/CAD higher (bullish for our trade). FX:EURUSD & FX:GBPUSD : These major pairs often move inversely to the USD. If they are falling, it can signal broad USD strength, supporting our USD/CAD long. ✅ Key Takeaways: ✅ Wait for a confirmed breakout and close above 1.41400. ✅ Execute entries using the layer method for best average price. ✅ MANAGE YOUR RISK! This is not financial advice. Your risk, your rules. ✅ Watch correlated pairs ( TVC:DXY , TVC:XAU , GETTEX:WTIC ) for confluence. 👑 Let's get this bread, traders! If you found this idea helpful, please give it a LIKE 👍, SHARE it with a fellow trader, and FOLLOW me for more high-quality setups! Your support helps the community grow! 💬 Drop a comment below with your thoughts!
by The-Thief
1
USDCAD is set to go 700 pip up!💹 Trade Setup USD/CAD USD/CAD has formed a bullish channel with recent formation of inverted head and shoulder on the support level of the rising channel. Weekly price action is has shown strong rejection from the support level with multiple liquidity grab. with weaker CPI 2.9% where the forecast is 3.1% on CAD as well as continued bearish trend in Crude Oil ( as CAD is highly influence to WTI price ) putting CAD under pressure, While strong NFP data Non-Farm Employment Change 119k while forecast 53k boosting DXY making USD /CAD one of the strongest USD currency pairs to trade on 📈Trading Idea : Look for bullish setup after false breakout of daily support at 1.4080 and rejection above ✈️Targets 1st Resistance 1.4543 2nd Resistance: 1.4799 🔴Stop level at or below 1.3971 as this is the lower shadow of the inverted head and shoulder. Follow for more ideas and update on this pair and other pairs !
Long
by ForexWizard01
2
USD/CAD Price Outlook – Trade Setup (USD/CAD)📊 Technical Structure OANDA:USDCAD USD/CAD remains supported above 1.4014–1.4019, a key intraday demand zone that has supported price multiple times over the past sessions. Price is attempting a rebound from this support area, pushing back toward the 1.4040–1.4045 intraday pivot. A sustained move above 1.4050 may open room for a continuation toward the resistance zone at 1.4066–1.4072, which aligns with previous supply and structural highs on the 30M chart. Failure to hold 1.4010 would invalidate the bullish setup and expose downside risk toward 1.3980. Overall, price action favours a buy-the-dip structure as long as the support zone remains intact. 🎯 Trade Setup Idea: Buy from support zone for continuation toward resistance. Entry: 1.4014 – 1.4019 Stop Loss: 1.4011 Take Profit 1: 1.4066 Take Profit 2: 1.4072 Risk–Reward Ratio: ≈ 1 : 6.46 Bias remains short-term bullish while the pair trades above 1.4010. 🌐 Macro Background USD/CAD extends modest gains around 1.4030–1.4050 during Monday’s Asian session as the Canadian Dollar weakens alongside declining crude oil prices. According to FXStreet, “USD/CAD holds gains near 1.4050 as lower crude Oil prices weigh on the Canadian Dollar.” 【FXStreet】 Oil Pressure on CAD: WTI crude pulls back from last session’s 2% rise, trading near $59.30 after Russia’s Novorossiysk port resumed operations following a two-day shutdown caused by a Ukrainian drone strike. Meanwhile, the IEA warns of a potential 4 million bpd oversupply in 2026, reinforcing bearish pressure on energy markets. BoC Expectations: Markets expect the Bank of Canada to hold rates steady through 2026, unless economic conditions deteriorate further. October CPI data later today could influence rate expectations. Fed Commentary: Hawkish remarks from Fed officials continue to support the US Dollar. Kansas City Fed President Jeffery Schmid said monetary policy should “lean against demand growth,” calling current conditions “modestly restrictive.” Rate Cut Odds: CME FedWatch shows 46% probability of a 25bps Fed cut in December — a sharp decline from 67% last week, reducing near-term dovish expectations. Overall, the macro backdrop remains slightly USD-supportive, maintaining upward pressure on USD/CAD as long as oil prices stay weak and Fed officials maintain a cautious stance. 🔑 Key Technical Levels Resistance: 1.4066 – 1.4072 Support: 1.4014 – 1.4019 Psychological Level: 1.4050 📌 Trade Summary USD/CAD sustains above the 1.4010 support region, keeping the short-term bias tilted to the upside. Weakening oil prices and cautious Fed rhetoric favour a rebound toward 1.4066–1.4072. A break below 1.4011 would negate the bullish scenario and shift focus toward 1.3980. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Long
by ATFX_Global
USD/CAD: Wave of Destruction or Dollar RevivalUSD/CAD: Wave of Destruction or Dollar Revival 📈 Possible Scenarios for the Week Bearish Scenario (Main Scenario): Price breaks below ~1.3777 Wave (5) is developing → possible decline to ~1.3570–1.3425 Corrective (Bullish) Scenario: USD/CAD holds current support A corrective wave upward is developing to ~1.3970–1.4150 Consolidation: Range between ~1.3777 and ~1.3970 Prices are gaining strength before the next impulse ✅ Conclusion USD/CAD could see significant movement in the coming week—the pair is at a crossroads: either the major bearish impulse will continue, or an upward correction will begin. Key levels: 1.3777 (support) and 1.3970 (resistance) When trading, it's worth watching for confirmation of the wave structure and price reaction at the designated levels.
by Trade_Hive_Signals
#USDCAD: Price to continue remain bullish! Let's wait and watchDear traders, I hope you all are doing well. The USDCAD pair has been extremely bullish since the CAD currency began to decline. We now have an excellent opportunity to rise, with the potential for the price to reverse in good time. This analysis is based solely on the current market conditions and price behaviour, so it may differ from your own views. The target is a swing, and you can adjust it according to your own analysis. Please use this analysis for educational purposes only. Good luck and trade safely! Team Setupsfx_
Long
by Setupsfx_
8
Is the USD/CAD Re-Accumulation Zone the Next Bullish Launchpad?💰 USD/CAD “THE LOONIE” — Forex Market Profit Playbook (Swing/Day Trade) 📊 Plan: BULLISH Bias confirmed by Re-Accumulation Zone (Smart Money activity detected!) The “Thief Strategy” hunts liquidity smartly — using layered limit buys at key levels to capture institutional footprints without chasing candles. 🎯 Entry Plan (Layering Strategy Style) The Thief strategy uses multiple buy limit layers — a smart method to scale into a position without full exposure at once. Buy Limit Layers: 1️⃣ 1.39800 2️⃣ 1.39900 3️⃣ 1.40000 4️⃣ 1.40200 💡 You can adjust or increase the limit layers based on your own trade risk and capital exposure. 🛡️ Stop Loss (SL): 📍 Suggested protective stop: 1.39600 Not financial advice — each trader’s risk tolerance may vary. Manage risk wisely like a pro! 💵 Target (Take Profit Zone): 🎯 1.41300 — The “Police Barricade” (major resistance area). This zone may act as a strong barrier due to overbought conditions and potential liquidity traps. Take your profits smartly and escape before the cops arrive! 🚓💨 ⚠️ Notes to Thief OGs: Dear Ladies & Gentlemen (Thief OGs) — this isn’t a signal, it’s a playbook idea. You’re free to adjust entries, SLs, and TPs based on your own analysis and money management plan. Trade smart. Take profits wisely. Risk what you can afford to lose. 🧠💼 🔍 Related Pairs to Watch: TVC:DXY (US Dollar Index) → USD strength driver, watch for momentum continuation. BLACKBULL:WTI (Crude Oil) → Strong inverse correlation with CAD; rising oil often boosts CAD (bearish USD/CAD). FX:USDCNH → USD sentiment barometer — positive correlation with USD/CAD. OANDA:AUDCAD / OANDA:NZDCAD → Cross-check for CAD sentiment confirmation across commodity pairs. 🧭 Key Catalysts & Correlations: USD fundamentals: Fed stance, CPI, and bond yields continue to influence direction. CAD sentiment: Oil price movement and BoC tone will shape the medium-term bias. Risk sentiment: Strong equity rally = weaker USD; risk-off tone = stronger USD. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” 📜 Disclaimer: This is a Thief-style trading strategy shared for educational and entertainment purposes only — not financial advice. Trade responsibly and with discipline. #USDCAD #Forex #SwingTrade #DayTrade #SmartMoney #Reaccumulation #PriceAction #LiquidityHunt #TradingStrategy #MarketPlaybook #FXAnalysis #DollarIndex #ThiefStrategy #TradingViewIdeas #BullishSetup #ForexCommunity
Long
by The-Thief
Smart Money Levels on USD/CAD – What’s Next for the Loonie?“USD/CAD – The LOONIE Profit Playbook (Swing/Day Trade) 🚀💰” 📋 Description: Dear Ladies & Gentleman (Thief OG’s), Here’s the plan for our favourite cross, USD/CAD – “The Loonie”: Plan: Bullish bias (with a setup for a potential bearish flip if you like to dance with the other side) Entry (Bullish): Pullback-1: 1.39400 Pullback-2: 1.39000 Enter at a dip into one of those levels, let the market breathe, then ride the wave. Stop Loss: This is Thief SL at 1.38800 — place your stop after the pullback level you used. Target (Bullish): Our target zone: 1.41000 — watch for strong resistance, overbought signals & a possible trap. Escape with profit when you see the signs. Entry (Bearish): If you prefer the short side: you may enter anywhere, but keep sharp eyes on pullback zones and the target levels below. Bearish Targets: 1.39400 & 1.39000 🔍 More to watch – Related Pairs & Correlations: OANDA:USDCHF (often moves inversely with USD/CAD) OANDA:AUDUSD (commodity-linked crosses, relevant when commodities shift) OANDA:CADJPY (Canadian dollar strength/weakness can show up across CAD pairs) Watch how CAD strength or USD strength flows across pairs. When CAD weakens, USD/CAD rises — when CAD strengthens, USD/CAD dips. ⚠️ Note: Dear Ladies & Gentleman (Thief OG’s), I am not recommending you set only my stop-loss or take-profit rules. It’s your own choice — make money, then take money — at your own risk. ✨ Footer: “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” 📌 Disclaimer: This is Thief style trading strategy just for fun. #USDCAD #Forex #SwingTrade #DayTrade #Loonie #ForexSetup #ThiefTrader #TradingViewIdeas #ForexAnalysis #CurrencyPairs
by The-Thief
2
Trading Map for USD/CAD — Bullish Layered Entry Strategy🦒 The Loonie Heist: USD/CAD Swing & Day Trade Wealth Map 🚀 Asset: USD/CAD ("The Loonie") Outlook: Bullish 📈 Vibe: Thief-Style Layering Strategy — Sneaky, Smart, and Stylish 😎 Welcome, Ladies and Gentlemen, to the Loonie Heist! This USD/CAD trading plan is designed for the crafty traders out there — our Thief OG's — ready to layer up entries and snatch profits like pros. Let’s break down this stylish, rule-compliant TradingView idea that’s ready to steal the spotlight! ✨ 📜 The Plan: Bullish Breakout with a Thief’s Precision 🕵️‍♂️ Strategy: Thief Layering — A multi-limit order approach for smooth, calculated entries. Entry Levels: Deploy your buy limit orders like a mastermind at: 1.39300 1.39400 1.39500 1.39600 Pro Tip: Feel free to add more layers based on your risk appetite — scale it up, Thief OG style! Stop Loss (SL): Set a sneaky SL at 1.39000 to guard your loot. Note: This is my suggested SL, but you’re the boss of your trades — adjust to your risk tolerance! ⚠️ Take Profit (TP): Aim for 1.40500, just shy of the 1.40600 police barricade (a strong resistance zone with overbought signals and potential traps). Lock in profits and escape like a pro! 🏃‍♂️ Note: TP is your call — take the money when it feels right! 🔍 Why USD/CAD? Key Market Insights 🧠 Market Context: USD/CAD is riding a bullish wave, driven by USD strength and CAD’s sensitivity to oil prices. Keep an eye on macroeconomic data like US Non-Farm Payrolls and Canadian employment reports, as they can sway the Loonie! 📊 Technical Setup: The pair is testing key support levels around 1.39300–1.39600, making it a prime spot for layered entries. The 1.40600 resistance is a historical hurdle, so watch for price action there! 🚨 Thief’s Edge: By layering buy limits, you’re stacking the odds in your favor, catching dips and riding the trend with finesse. 💰 Related Pairs to Watch 👀 Keep these correlated pairs on your radar to spot opportunities and confirm trends: OANDA:USDCHF ($): Positive correlation with USD/CAD due to USD strength. If USD/CHF is climbing, it could signal more upside for USD/CAD. OANDA:AUDUSD ($): Negative correlation with USD/CAD. A falling AUD/USD (stronger USD) often aligns with USD/CAD bullish moves. OANDA:NZDUSD ($): Similar to AUD/USD, this pair’s weakness can support USD/CAD’s bullish case. Key Point: Watch oil prices (WTI, Brent) since CAD is a commodity currency. If oil weakens, USD/CAD may push higher! 🛢️ ⚠️ Risk Management (Thief’s Code) 🛡️ Risk Disclaimer: Trading is a high-stakes game, and this Thief-Style Strategy is for fun and educational purposes. Always manage your risk, set your own SL/TP, and trade responsibly. Don’t chase the market — let it come to you! Position Sizing: Adjust your lot sizes based on your account and risk tolerance. The Thief OG never risks the whole vault! 💸 ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” Disclaimer: This is a Thief-Style Trading Strategy crafted for fun and educational purposes. Trade at your own risk, and always conduct your own analysis. #Hashtags: #USDCAD #Forex #SwingTrading #DayTrading #ThiefStrategy #LoonieHeist #Bullish #TradingView
by The-Thief
technical analysis of your chart for USD/CAD (15-minute timeframThe pair is moving within an ascending channel, indicating short-term bullish momentum. Higher highs and higher lows confirm the ongoing uptrend structure. 🟦 Key Zone Support Level: 1.3985 – 1.3990 This shaded zone represents a demand area where price previously found strong buying interest. As long as this level holds, the short-term bullish bias remains valid. 🔹 Price Action Outlook Price is currently testing the lower trendline of the channel and near the support zone. A bullish reaction from this level could trigger a bounce toward the mid-channel and potentially the upper resistance. 🎯 Target Upside Target: 1.4039 This corresponds to the upper boundary of the channel and a previous swing high area. ⚠️ Invalidation / Risk Level A break below 1.3980 would invalidate the bullish setup and could lead to a bearish correction toward 1.3965 or lower. 📈 Trading Signal (Summary) Bias: Bullish (short-term) Entry Zone: 1.3985 – 1.3995 (support area) Target: 1.4039 Stop-Loss: Below 1.3980 ICMARKETS:EURUSD ICMARKETS:GBPUSD ICMARKETS:USDJPY ICMARKETS:GBPJPY ICMARKETS:AUDUSD ICMARKETS:USDCAD ICMARKETS:USDCHF ICMARKETS:NZDUSD ICMARKETS:EURJPY ICMARKETS:EURJPY ICMARKETS:AUDJPY ICMARKETS:EURGBP ICMARKETS:GBPAUD ICMARKETS:USDZAR ICMARKETS:USDDKK
Long
by MR_NARCOS_ANALYSIS
Is This the Next Bullish Wave for USD/CAD Traders?💵 USD/CAD "THE LOONIE" | Forex Market Wealth Strategy Map (Swing/Day Trade) 📊 Trade Plan: BULLISH Outlook Entry Style (Thief Layering Strategy): Multiple buy limit orders layered around 🔑 key levels. Example layers: 🟢 1.37600 🟢 1.37700 🟢 1.37800 🟢 1.37900 🟢 1.38000 (You can increase or reduce your own limit layers depending on risk & style). Stop Loss (Thief SL 🚨): 🛑 Suggested protective stop @ 1.37400 ⚠️ Note to my OG Thief crew: This SL is just my style. You are free to choose your own SL — manage your risk your way. Target (Police Trap Exit 🎯): 👮‍♂️ Strong resistance + overbought conditions = possible trap zone. 🎯 Target: 1.39200 ⚠️ Note: Same as above — this TP is my roadmap, but you choose how & when to take profits. Escape smart! 🔍 Key Market Outlook USD/CAD shows bullish momentum supported by USD resilience and CAD lagging on weaker oil flows. Macro View: Fed’s tone + oil market softness = stronger USD pressure on CAD. Sentiment Check: Buyers layering in, market showing gradual accumulation. Police (resistance) spotted higher up — profit-taking advised before getting caught in the trap! 🔗 Related Pairs to Watch & Correlations 💹 TVC:DXY → Dollar Index (tracks USD strength 💪). 🛢 BLACKBULL:WTI Crude Oil → CAD correlation 🔑 (weaker oil = weaker CAD). 💶 FX:EURUSD / FX:GBPUSD → Inverse flows vs USD. 🇲🇽 FX:USDMXN → Another USD + commodity-linked pair to compare moves. Keeping an eye on these helps confirm momentum across markets ✅. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” ⚠️ Disclaimer: This is a Thief style trading strategy 🥷 created for fun & educational sharing only. This is not financial advice. Trade at your own risk. #USDCAD #Forex #SwingTrade #DayTrading #TradingStrategy #Loonie #ThiefStyle #FXCorrelations #Dollar #CAD #ForexCommunity
Long
by The-Thief
#USDCAD: Two Major Buying Zones, Patience Pays! As previously analysed, USDCAD is expected to decline towards our predetermined entry point. We anticipate a bearish US Dollar for the remainder of the week, which will ultimately lead USDCAD to reach the entry zone. Three distinct target areas exist, collectively worth over 1100 pips. Each entry point, stop loss, and take profit is clearly defined. We wish you the best of luck and safe trading. Thank you for your support. If you wish to assist us, we encourage you to consider the following actions: - Like our ideas - Provide comments on our ideas - Share our ideas Kind Regards, Team Setupsfx_ Much Love ❤️🚀
Long
by Setupsfx_
5
#USDCAD: 1000+ Pips Big Bullish Move With Three TargetsThe USDCAD is currently in a bearish trend since the day has dropped significantly and is still falling. We anticipate the price to drop slightly more before it reaches our entry zone. There are two entry points, and you can choose either one that aligns with your views. There are three targets, and you can set take profit targets that suit you best. Good luck and trade safely. Thanks for your support! 😊 If you want to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
18
USDCAD Bullish Setup | Wait for Break of Structure ConfirmationUSDCAD continues to trend bullish on the higher timeframe 💪. Recently, we’ve seen a healthy retracement, which could provide the groundwork for a potential trend continuation setup. 🔎 On the 30-minute chart, I’m watching closely for a bullish break of market structure followed by a retest of the current range. If that plays out, it could present a solid buy opportunity aligned with the higher-timeframe trend 📈. ⚖️ However, if price fails to break structure and confirm the setup, there’s no trade — patience is key here. We simply wait for the market to show its hand before acting. ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice.
Long
by fxtraderanthony
USD/CAD Bearish Channel Breakout – Short SetupThis chart is for USD/CAD (30-min timeframe) and shows a clear bearish setup. Here’s the breakdown: --- 1. Pattern Price is moving inside a downward channel (highlighted in pink). Currently near the midline of the channel with potential to retest the upper boundary. The plan here seems to be a sell setup after a small bullish pullback. --- 2. Key Levels Entry Point: 1.39286 (after price pulls back into the blue zone). Stop Loss: 1.39392 (just above the channel and resistance zone – good risk management). Target Point: 1.38880 (near the lower channel boundary, aligning with previous support). --- 3. Risk-to-Reward Ratio (RRR) This setup offers a favorable RRR (roughly 1:3), meaning potential reward is about 3x the risk. --- 4. Bias Bearish bias – expecting continuation of the downtrend after price retests resistance. The market is respecting the descending channel, and unless price breaks above 1.3940, sellers remain in control. --- 5. Confirmation to Watch Look for rejection candles or bearish engulfing in the blue zone before taking entry. If price breaks and closes above 1.3940, this setup becomes invalid (bullish breakout likely). --- ✅ Summary: This is a well-planned short (sell) setup. Wait for price to pull back to 1.3928 – 1.3930, then sell with stop above 1.3940 and target near 1.3888.
Short
by LABA_GOLD_TRADING
4