On March 3 2026 I posted on social media @AidanFX the USDCAD sell with stop loss and targets.
The USDCAD pair made a pullback to the Weekly FVG (Gray) and reacted with a move lower below the CHoCH/Change of Character level (Blue). I entered the sell trade with a 70 pip stop loss and a maximum take profit target at the 3R 1.3474.
Added confirmation for the sell entry was the bearish divergence market pattern (Red) which formed in the Weekly FVG zone on both the 1 Hour and Daily chart.
USDCAD 1 Hour Chart March 3 2026
USDCAD Daily Chart March 4 2026
USDCAD 1 Hour Chart March 9 2026
On March 9 2026 USDCAD hits the 2R target at 1.3544 for +140 pips.
The pair continues to be bearish with more downside and expecting the maximum 3R target will also hit.
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup.
We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade.
Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
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