📈 USD/CAD Trade Idea 🐻
📊 Analysis:
- Trend: Bullish 📈
- RSI: Bearish Divergence 🐻
- Reversal Pattern: Double Top 👉👈
- Breakout Confirmation: Await neckline crossing ⏳
📝 Trade Plan:
Considering the bullish trend with a potential double top formation and bearish RSI divergence, I've executed a SELL STOP ORDER @ 1.33156 📉
🛡️ Risk Management:
- Stop Loss @ 1.33968 🛑
- Take Profit (1:1) @ 1.32424 🎯
⚠️ Investment Advice:
Remember, trading carries inherent risks. This idea is for educational and informational purposes only. Always use proper risk management and consider your financial situation before entering any trade. #InvestWisely 🧠💼
🚨 Disclaimer: This is not financial advice. Trade at your own risk. #USDCADBearish #ForexTrading #DoubleTop #RSIDivergence #BreakoutTrading #TradeSmart #RiskManagement 👆 #Forex #TechnicalAnalysis #TradingView
📊 Analysis:
- Trend: Bullish 📈
- RSI: Bearish Divergence 🐻
- Reversal Pattern: Double Top 👉👈
- Breakout Confirmation: Await neckline crossing ⏳
📝 Trade Plan:
Considering the bullish trend with a potential double top formation and bearish RSI divergence, I've executed a SELL STOP ORDER @ 1.33156 📉
🛡️ Risk Management:
- Stop Loss @ 1.33968 🛑
- Take Profit (1:1) @ 1.32424 🎯
⚠️ Investment Advice:
Remember, trading carries inherent risks. This idea is for educational and informational purposes only. Always use proper risk management and consider your financial situation before entering any trade. #InvestWisely 🧠💼
🚨 Disclaimer: This is not financial advice. Trade at your own risk. #USDCADBearish #ForexTrading #DoubleTop #RSIDivergence #BreakoutTrading #TradeSmart #RiskManagement 👆 #Forex #TechnicalAnalysis #TradingView