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TradeAce
Nov 24, 2018 7:25 AM

USDCAD SHORT Short

USD/CADOANDA

Description

X marks the Spot. The Loonie appears to be in an ascending trendline. I expect a break of that trendline this new week.

For a Bullish Price Action, I expect BULLS to challenge the Clean Highs at 1.33205 if we get enough steam.

For a Bearish Price Action, I expect a rejection at 1.32600 to tap into the Liquidity pools (Marked X). 1st Target at 1.30000. 2nd Target at 1.28000.

I am Bearish on this pair this week.

Trade closed: stop reached

Failed trade. This has been updated.
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