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GWBFX
Apr 3, 2020 1:41 AM

USDCAD short trade idea Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Hello Traders! ,.. this setup quite interesting, honestly we can go to both directions, either up or down we need to wait for the price to breakout its support or resistance level.

Plan : support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL

**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)

GWBFX


Comments
DaveOfTheDay
Excellent call!
AzzeddineBerhili
totally agree...Nice SetUp ..... check this out
GWBFX
@AzzeddineBerhili, thank you,. great analysis.. whoaa you use volume profile too ;)
AzzeddineBerhili
@GWBFX, thank's.yeah i use it in all my analyses
CryptoCheck-
New BULL MARKET is almost upon us.
GWBFX
@CryptoCheck-, nice chart,. thank you for sharing
CryptoCheck-
awsome work
GWBFX
@CryptoCheck-, thanks, man ;)
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