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DK_Investment
Nov 13, 2019 9:41 AM

USDCAD - sell on 4H - 20 % ROI Short

U.S. Dollar/Canadian DollarFXCM

Description

market price is in up trend and near first stronger resistance at 1.33 area.
I expect many sellers entering the market at the drawn sell area.

Indicator Analyse

- Bollinger bands still in up movement which indicates further market price up movement
- RSI baseline near heavy overbought area - expect soon sellers coming into the market
- MACD baselines crossed bullish which indicates further up movement in short term
- entry at several trend line resistances

Trade closed: target reached

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