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Gh0stFX
May 3, 2020 10:02 PM

USDCAD SELL OPPORTUNITY COMING SOON... RETURN OF THE BEARS Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD sell coming as it is close to approaching a key resistance level. Possible reversal coming once again (seen on higher time frames). There can be two outcomes for this trade, it either reverses at 1 (.41) or 2 (.42). If you're uncertain about TP target, set TP to .398, but essentially the target is .386. The entries for trades 1/2 have been determined using fib retracement at a lower time frame to ensure entry is good enough and RR ratio is maximized. My last analysis for this pair (which can be seen on my account) was 100% accurate and exceed expectations, therefore there is certainty in this trade. This is definitely a pair to keep your eye on.
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