USD/CAD Long-Term Trend: Bearish
Key Resistance Levels: 1.3525, 1.3595, 1.3682
Key Support Levels: 1.3376, 1.3291, 1.3213
The price on the higher time frame was trading in an uptrend and recently it has reversed direction after facing resistance at the 1.3813 level. It has tested that area several times and rejected which indicates a bearish bias.
USD/CAD Medium-Term Trend: Bearish
On the lower time frame, the pair is moving in the major trend’s direction. It has recently broken a support level of 1.3682 and sustained below that. The pair has also now broken and retested another level of 1.3525 before continuing the momentum.
Sell Stop Order @ 1.3461
TP 1 @ 1.3387
TP 2 @ 1.3276
Stop Loss @ 1.3535
Trade Safely 🙂
hello is this signal still on or is it cancelled because didn’t hit sl but didn’t hit tp either
We hit breakeven for this trade in VIP.