TradeYodha

#USDCAD Double Top Short Idea

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
@TradeYodha (TradeYodha.com)

#USDCAD Double Top Short Idea

1. Double Top On Weekly and 4H
2. Price has been overbought
3. 10SMA and 50SMA on Weekly and 4H are lagging.
That should attract the price downwards
4. DXY (Dollar Index) is also due a retracement.
See related idea. That should being USD to this
zone for a Long Entry

I would love to hear your opinion, feel free to agree or disagree in your comments.

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