Fxprotrader
Short

USDCAD Potential Sell Opportunity

FX:USDCAD   U.S. Dollar/Canadian Dollar
Price is moving up in a sideaways forming an ending diagonal pattern. In MACD we have a big bearish divergence which shows that we mights soon have a reversal. We should keep an eye for a breakout below the lower bond of the pattern and watch for a sell setup before going short with this market.
Comment: Breakout of wedge, retrace to test the broken level and boom..!
Watch my new post now about USDCAD..
Hi, what about breakup ??

thank u 4 your Idea
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Hi, what do you mean.?
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MANOLIS PRO Fxprotrader
Sorry, my bad English.
Don't you think it is possible that there could be an upward breakout of the trend?
Thank you again
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Well everything is possible.. But the way structure is at the moment i see price moving into a correction. So what we wait is another impulse to teh down.. Watch my new idea on USDCAD.. Thank you Manoli.. By the way are you from greece...?
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MANOLIS PRO Fxprotrader
Thank you for you reply, I appreciate it.!!!!!
No from Italy but I love Greece. :)
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Ok mate.. Thank you very much..!
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