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mohd_Alaali

USDCAD SHORT IDEA

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
mohd_Alaali  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD usdcadshort
4
0
trendanalysis chartpattern usdcad usdcadshort
USDCAD has broken the uptrend and the previews structure, with signs of weakness in the dollar index we will for retest to enter sell entry with 10 RR

Reasons for entry from the specified price:
1- Breaking up trend
2- Breaking structure
3- Weakness in dollar index
4- Fib golden zone
5- Highly respected historical resistance
6- Divergence

Reasons not to enter:
1- Friday
2- It may continue to the down side without testing our point of interest
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