On the USD/CAD 4hr chart we see a bearish butterfly has formed. We expect price to fall from this high extension since the pair was ranging before this breakout. I believe the price is at a good point to go lower, good time to sell. Look for bearish evidence before taking this trade.
Trading CFDs involves risk of loss. Trade responsibly and consider your risk tolerance. View and opinion stated here are purely for educational purposes and not to be used as financial advice. #gwg