7pasos
Short

From tweezer tops to double top CAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
251 1 0
2 days ago the price formed a reversal candle pattern named tweezer tops in a resistance zone
The down movement started slow but is possible to continue down, so I suggest to sell If the pullback, perhaps because the 1.0006 phantom support, get back the price to a zone where
the risk reward shows more atractive (almost 2 to 1) at 1.0037.
The first objective could be the 0.9947 support zone, take half of position there.
The remain position with SL at break even can be mainteined to 0.9835 support
7pasos PRO
3 years ago
Ups the up side pressure seems a little bit stronger than desirable for just a pullback, if you yet have not opened a sell position I suggest you wait until a close below the 1.0037 be in place
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