USDCAD Sell from Top

Hi there,

USDCAD is struggling for for upside and pushing slowly for upside. Soon it will breakdown and will breakdown hard once it will breakdown then keep selling the USDCAD all the way back to the bottom.

How you can trade on this chart.

1. Sell from top

Or

2. Wait for the price to breakdown the ascending channel with power and just follow that power.

In case price will keeps pushing higher we will remain bearish on USDCAD for longer term. You can trade on it for short term upside every time when price come close to the lower channel line you can buy for short term and keep taking profit off and look for reversal on every high.

Please support the setup with your likes, comments and by following on Trading View thanks

Good Luck.

BIG DROP AHEAD.

Comment:

Watch breakdown.

Comment:

Watch this. If you understand than great and if dont then please learn first. This is called price action.

Comment:

Here you got the breakdown. Watch for correction and add more and keep adding corrections all the back to the bottom.

Comment:

Repeat the past steps again.

Comment:

Comment:

Comment: