TomProTrader

#USDCAD- HIGH PROBABLY MOVE TO DOWNSIDE, SHORTS FAVORED! #FOREX

FX:USDCAD   U.S. Dollar / Canadian Dollar
269 2 15
Traders,

UPDATE: Really nice move after a rounded top. Nice move and expecting the move to continue to the continuation target level.

Nice opportunity to go short off of a nice rounding top after a weak bullish pullback into the bearish impulse. The rounding top has broken down by a nice compelling bearish engulfing signal, breaking the rounding tops range. Making for a high probability shorting situation.

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Best of luck,
Tom
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Very well explained thank you.
+1 Reply
Thanks
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