RiosTrades

USDCAD, Bearish Flow

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
After a Successful Bull Run taken Earlier Last Week, I'm looking to find the next possible entrance in this pair. Carefully we will speculate if price gives us more definition on its intentions in the market as price action has reached its Respected Trend Line within Month(s). We are Prepared for both scenarios as we use proper RR in the Market, if price does decide to break out of its trend then we adapt to the conditions given to us and wait patiently for price to make its way to our next Bearish Selection (Double Top).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.