USDCAD WATCH THE BREAKOUT, FIND THE PULLBACK, BIG FALL IS COMING
*Great rejection in previous resistance
*Hit the trend line then reverse
*Watch the breakout of the minor trend line
HOW TO TRADE:
1) Watch the breakout of the minor trend line in 15 Min time frame
2) Find the correction or pull back to broken trend line with fibonacci 38.2, 50, or 61.8
3) If you have find the pullback in 15 Min, change to 5 min for entry. DRAW A TREND LINE IN 5 MIN CORRECTION, if the price break the correction trend line in 5 min. ENTER THE SHORT !
Good luck
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Cheers :D
*Hit the trend line then reverse
*Watch the breakout of the minor trend line
HOW TO TRADE:
1) Watch the breakout of the minor trend line in 15 Min time frame
2) Find the correction or pull back to broken trend line with fibonacci 38.2, 50, or 61.8
3) If you have find the pullback in 15 Min, change to 5 min for entry. DRAW A TREND LINE IN 5 MIN CORRECTION, if the price break the correction trend line in 5 min. ENTER THE SHORT !
Good luck
Please like, comment, and subscribe to support the author if you find this analysis helpful.
Cheers :D
Comment:
Bear got rejected by trend line, do not enter now. Wait for the price to pull back and break the trend line