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moonlanding
May 16, 2015 11:57 PM

USDCAD following a very clear bearish pattern Short

U.S. Dollar/Canadian DollarFXCM

Description

The red lines delineate the start of each week, the green boxes are the highs. As you can see at the beginning of the week it reaches a high which is a perfect short opportunity. It then reaches it's low toward the middle/end of the week making a nice zone to take profit.
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