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USD/CAD — SELL (High Confidence) (1 Viewer)

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 USD/CAD — SELL (High Confidence) (1 Viewer)

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skynoxon

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Pair: USD/CAD
Direction: SELL
Entry Zone: 1.3800 – 1.3830

Stop Loss:
1.3905

Take Profit:
TP1: 1.3730
TP2: 1.3680
TP3: 1.3620

Bias: Bearish

Confluence:

  • USD weakness (Fed easing expectations)
  • CAD supported by firm oil prices
  • Price below key resistance and bearish structure intact
Trade Management:

  • Close partial at TP1
  • Move SL to breakeven after TP1
  • Trail stop above lower highs on H1/H4
Invalidation:

  • Daily close above 1.3900
Session:

  • Best during London–New York overlap
Risk:

  • Max 1–2% per trade
 
  • Like
Reactions: batool09

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