SharkbaitAl

USDCAD Bearish Patterns Forming

Short
SharkbaitAl Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Described in chart. In this situation, what would you do? I am leaning towards the bearish Butterfly for now...
Trade active:

Pretty impulsive move up but right at the top of this channel and completed 3 bullish "waves"...I'll take a shot and when in profit look to move to breakeven a little sooner

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.