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FxSaint
Sep 11, 2015 6:28 PM

UsdCad - Short Short

U.S. Dollar/Canadian DollarFXCM

Description

This pair demonstrates good PA in recent times respecting channels very well. My anticipation is for this pair to break channel to the downside as that is in line with my idea on UsdChf (link attached). However trading is not based on anticipation alone, so I wait for confirmation. My plan is to let the price break the channel & than any pullback to lower wall of channel will be shorted.
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