Oversold condition in upward trend. The risk to reward is in our favor here. For more exact entry's please follow my twitter
The selling of $USDCAD pair has slowed down. As you can see we are still in a rising trend line. We are also still in an oversold condition. If you take a look at the comments you can see that we have sold 2/3 of the postion as we rose towards target 1 on the chart. If we see some bullish price action occur around this area, we are looking to add to the position as the price touches the trend line.