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LeeThompson97
Feb 23, 2017 5:37 PM

USD/CAD New Entry Opportunity  Short

U.S. Dollar/Canadian DollarFXCM

Description

If you take a look at the last USD/CAD opportunity I posted, you will see that price is currently dropping from the resistance level that was identified. I am in this trade from the resistance level I posted, however here is another opportunity for an entry into this trade. Price has a bias to fall to the downside after breaking out of the pendant - this will complete the target that I set on the last USD/CAD post. (View this chart in the 5 min interval for a clearer picture)
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