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TopTradingSignals
Feb 8, 2021 5:24 PM

USD-CAD Breakout Below Support! Will Go Down! Sell! Short

U.S. Dollar/Canadian DollarFXCM

Description


Hello, Traders!
USD-CAD
broke the horizontal support line
And the breakout was conclusive, after which a pullback followed!
I suggest a short with an expectation of the pair to go down
To the nearest horizontal structure!
Sell!
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Comment

Target 1 reached!

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Target 2 reached!

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Target 3 reached!
Comments
ndeankarfx
buyers still control this market so it's better to be careful
TopTradingSignals
@ndeankarfx, yeah, I am using 0.5% of the depo on this one, so its all right!
ForecastCity_World
Very nice set up Keep it up 👌
TopTradingSignals
@ForecastCity_World, are you short too?
Stargazer_fx
great technical setup
TopTradingSignals
@Stargazer_fx, yeah, I like breakouts!
abel11
Well done mate
FXtrades-gp
Nice setup , I think you could get you profit 😁👌
Forexislife110
I think it’ll go up but I’m not as advanced as you. It just looks like it’s gonna bounce off that support
FieryTrading
Nice overview of the trade, thanks for sharing🔥
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