Dale_Ansel

USDCAD - Extreme Break-Out, Key RSI Level - SHORT

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
2
What I really like about this short setup is:

1. Hugh impulse break above major trend line upward.

2. With this energy upward it has pushed the RSI to a NEW HIGH with
regard to being overbought.

3. What goes up must come down :)

I think it's a great Risk to possible reward play here....


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.