๐Ÿ“‰ Seizing Opportunity: USDCAD 1H Double Top Breakdown ๐Ÿ“‰

์—…๋ฐ์ดํŠธ๋จ
USDCAD presents a compelling selling chance! ๐Ÿ›‘

A prominent double top formation has emerged, punctuated by a neckline breach, a successful retest, and a resounding rejection at this pivotal juncture. The stars align for a favorable entry to ride the downside momentum.

๐Ÿงญ Leveraging the strength of the moving average and neckline, there is a confluence of resistances to strategically position our stop loss above above 1.35770 and trade safely.

๐ŸŽฏ Aiming for success, my take profit is located at 1.34200, while my target lies at 1.34700.

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์•กํ‹ฐ๋ธŒ ํŠธ๋ ˆ์ด๋“œ
๋…ธํŠธ
TP1 reached

์Šค๋ƒ…์ƒท
์•กํ‹ฐ๋ธŒ ํŠธ๋ ˆ์ด๋“œ
pennant pattern formed and about to breakdown. perfect to add some shorts at midpath to the target

์Šค๋ƒ…์ƒท
Chart PatternsconfluenceDouble TopTechnical IndicatorsmomentumstrategymovingaveragecrossoverTrend Analysis

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