Pair: USD/CAD
Direction: SELL
Entry Zone: 1.3780 – 1.3810
Stop Loss: 1.3880
Take Profit Levels:
- TP1: 1.3715
- TP2: 1.3650
- TP3: 1.3590
- Price approaches entry zone → sell setup ready
- Hit TP1 → secure partial profit
- Hit TP2 → move SL to breakeven
- Hit TP3 → close fully
- Close above SL → invalidate setup
- Oil strength supports CAD
- Technical resistance near 1.3850
- Bearish momentum on H4/D1 charts
- Max 1–2% account risk per trade
- Reduce size on correlated pairs
- Trade during London & New York sessions for best liquidity