A potential fake out scenario on USDCAD, where price is ranging in this falling wedge.
But instead of a breakout scenario, we could see a fakeout on the downside, which brings price to a local demand zone and might offer a scalp up for a long.
But instead of a breakout scenario, we could see a fakeout on the downside, which brings price to a local demand zone and might offer a scalp up for a long.
Trade active
Trade closed: stop reached
Totally rekt..It's ok, next
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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.