Hey Traders, we are monitoring USDCAD for a selling opportunity around 1.125 zone. Once we will receive any bearish confirmation the trade will be executed. Trade safe and use Proper Risk Management. Joe.
"...receive any bearish confirmation..." - could be a Doji candle, Hammer, Shooting Star similar like that or long wick rejection correct?
JoeChampion
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@ZoskeMarc, yes, but not only. We are taking in consideration the environment of the currencies, weakness and strength. the news also. in this case we received no confirmation so trade is not executed!