USDCAD - 23.05.2021
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Bearish Market Trade Idea
Market is heavily bearish so looking for short trade ideas. However, price is near strong monthly structure and the psyc level of 1.2 so there is a chance price could start to reverse from here.
If you would like to take this trade remember to practice correct risk management.
Market is heavily bearish so looking for short trade ideas. However, price is near strong monthly structure and the psyc level of 1.2 so there is a chance price could start to reverse from here.
If you would like to take this trade remember to practice correct risk management.
Nota
Has taken a while for price to find our first target area. Currently sitting 50 pips in profit so move SL to BE if not done so already.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.