Type: Sell
Entry: 1.3765 (below 1.3770 pivot)
Stop Loss (SL): 1.3800
Target A (TP1): 1.3710
Target B (TP2): 1.3690
Target C (TP3): —
🔎 Market Outlook
USD/CAD is trading below the 1.3770 pivot, keeping short-term sentiment bearish. A drop below 1.3710 would accelerate downside toward 1.3690. On the upside, a sustained break above 1.3770 would shift focus to 1.3800 and 1.3825. The RSI shows weak momentum, supporting the bearish bias.
📈 Trade Management Guide
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At TP1 (1.3710) → Move SL to Entry (1.3765) for a risk-free trade.
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At TP2 (1.3690) → Move SL to TP1 (1.3710) and close fully or partially.
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Alternative Scenario: Above 1.3770, bias turns bullish with upside toward 1.3800 → 1.3825.