Dólar Americano/Dólar Canadense
Viés de baixa

USDCAD Sell Plan after a successful 320 pip Buy Trade

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After a 300+ pip profitable Buy Trade on USDCAD(idea link attached), I am back with a sell set-up.
As you can see, USDCAD is approaching a strong Resistance Area. So, it's a good idea to be prepared with sell scenarios.
My plan is to watch the daily price action in the 1.3300-1.3350 area.

If I see an exhaustion of the bullish move or a sharp bearish impulse in this area in the 1H/4H timeframe, I will go short.

Traders can look for sell entries between 1.3300-1.3350 with SL above 1.3400.
Sellers can take profit at 1.32, 1.3110 and 1.2980 respectively.

Aviso legal

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