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Fxprotrader
Sep 4, 2016 4:48 PM

USDCAD: Key Level To Watch For A Sell Setup Short

U.S. Dollar/Canadian DollarFXCM

Description

In my previous post on USDCAD i described the potential of a big move to the down at the retest of the broken slide parallel of an upslope median line. Price after reaching that level it dropped for over 125 pips (NFP news). We now have another sell opportunity ahead, but we should be a little patient waiting for price to reach in a corrective structure the upper parallel of a the median line of the chart.
Comments
TAJIR_B
going to next level without a retest
Fxprotrader
Yes, you are right..
TAJIR_B
missed the opportunity , i wiil wait for the next level
Fxprotrader
Good luck.. Be careful though, there will be a correction sooner or later
TAJIR_B
right , i will enter later
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