FXShinobi
Short

USDCAD SHORT - PRICE CONSOLIDATING IN TRIANGLE

FX:USDCAD   U.S. Dollar / Canadian Dollar
Hey traders,

As seen on the chart USDCAD is consolidating in a triangle pattern .

It attempted to break out to the upside before coming back into the current pattern.

Does this mean bulls failed, possibly.

If there is a breakout to the downside I see a good trade opportunity.

However I am already currently short from the daily charts so let's see what happens.
Dec 04
Comment: Price broke through to the downside! Bearish bias holds now.
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I am stuck with some orders at rather low prices if the ucad really makes me nervous
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