USDCAD pin bar opportunity

FX:USDCAD   U.S. Dollar / Canadian Dollar
71 0 1
Price appears to be in a range with price trading in between obvious support and resistance areas. Price recently approached area known to contain sellers. Higher time frames confirm down trend, overall my biased is towards bearish movement. Bearish pin bar has formed indicating sellers have taken control of price over the last 24 hours and if the sellers commitment is strong enough could push price down to the next area of support. Entry order could be placed half way of pin bar and target at next level of support. Reward is 2:1
Trade closed: stop reached: stop reached. I am still bearish about price and will be looking for short opportunities.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out