📉 USDCAD SELL SETUP – May 14, 2025( This setup wait for the a bearish candle - might be around NY open)
🔻 Entry: 1.39094
🎯 TP: 1.38590 (🟢 50 PIPS)
🛑 SL: 1.39216 (🔴 12 PIPS)
⚖️ RRR: 1:4.1 ✅
📍 Confluences:
🔸 Clean break + retest from support turned resistance
🔸 Price sitting just below H1 supply zone — weak bullish pressure
🛡 SL Guidance:
Once price makes a new M5/M15 low, SL can be manually adjusted to 15 pips max to trail smartly and protect profit. 🎯
🔻 Entry: 1.39094
🎯 TP: 1.38590 (🟢 50 PIPS)
🛑 SL: 1.39216 (🔴 12 PIPS)
⚖️ RRR: 1:4.1 ✅
📍 Confluences:
🔸 Clean break + retest from support turned resistance
🔸 Price sitting just below H1 supply zone — weak bullish pressure
🛡 SL Guidance:
Once price makes a new M5/M15 low, SL can be manually adjusted to 15 pips max to trail smartly and protect profit. 🎯
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.