USDCAD BOOM BEARISH 90% CONTINUATION FOR 250 PIPS

Price is consolidating in a bearish channel on Daily timeframe where price made a fake bullish breakout of bearish channel then retraced back down closing the weekly inside the bearish channel, anticipating bearish trend to continue down to 1.2900 (tp1) where price breaks level and continues bearish with 1.2572,1.26825, 1.25815 as next target levels, price seems to be retracing bullish which we await a confirmation of bearish trend continuation with our entry points for this setup between 1.2930 - 1.29663 (1.29663 perfect entry with 0 risk) with 75 - 252 pips profit, stoploss 1.29667- 1.30325 (45-75pips from entry) giving 1/5 R:R
Pivot 1hr PP- 1.29420 R1- 1.2947 s1- 1.29388 r2- 1.29498 s2- 1.29342 r3- 1.29544 s3- 1.2931
4hr PP- 1.2937 r1- 1.29458 s1- 1.29288 r2- 1.2954 s2- 1.2920 r3- 1.29628 s3- 1.29118 risk only 10% of funds

Trade fermée: ordre d’arrêt atteint