For3xScalper

USDCAD Trading Plan - 18/Aug/2021

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello Traders,

Hope you all are doing good!!

I expect USDCAD to go down for completing bigger correction.
Look for SELL setups.

Providing an insight of how i look for my analysis:

Corrective structure is complete for down move.
Currently at 61.8 of the last down impulse. Possible engulfing in H TF.
C wave completed 5 waves.
Momentum loss in H TF.


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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.

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