VladimirRibakov
Short

USDCAD Sell Towards The Trend Line After Another False Break

FX:USDCAD   U.S. Dollar/Canadian Dollar
There is a triple cycle completing itself on the H1 chart. If we get another false break as shown in the image below, we can look for a convergence principle - pair to gain bearish momentum by breaking the last low after the false break - and then sell the correction in order to improve the risk:reward ratio.
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