SebastianAmayao

USDCAD SELL SELL SELL IDEA

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
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1
PRICE REACHED A MAJOR DAILY RESISTANCE WHERE THERE PRICE SHOWED SOME REJECTION. WE CAN SEE IN 4H TIME FRAME, THAT THE PRICE IS LETTING A COUPLE OF SPIKES, THIS MEANS THAT SHORT PEOPLE COULD BE TAKING POSITIONS TO IMPULSE THE PRICE DOWN. NOW WHAT WE NEED TO DO IS TO WAIT FOR THE CLOSURE OF THE 4H CANDLE, ALSO WE NEED THAT THE PRICE BREAKS BELOW THE HORIZONTAL LINE PLOTTED IN ORDER TO BEGIN TO LOOK FOR SHORT POSITIONS.

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