USDCAD potential bearish trend
Short term analysis:
-Price created short bearish pattern after breakout on 1.33873.
- High probabilities for the price to test back to 1.33873 before the major bearish trend continue.
Trade Idea:
- Remember we trade in the direction of the trend.
-Wait for red lined trend to break and test back on our targeted zone(1.33873).
-For safe entry wait for price to test 1.33873, and rejection on that area.
Have profitable week ahead traders!!!
Don't forget to leave your views and ideas on the comment section...
Short term analysis:
-Price created short bearish pattern after breakout on 1.33873.
- High probabilities for the price to test back to 1.33873 before the major bearish trend continue.
Trade Idea:
- Remember we trade in the direction of the trend.
-Wait for red lined trend to break and test back on our targeted zone(1.33873).
-For safe entry wait for price to test 1.33873, and rejection on that area.
Have profitable week ahead traders!!!
Don't forget to leave your views and ideas on the comment section...
Trade closed: target reached