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CertifiedJimenez

Institutional Sell Profitable RR ratio

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
CertifiedJimenez Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD usdcadsell usdcadshort
10
2
trendanalysis chartpattern usdcad usdcadsell usdcadshort
Payed out on the chart USDCAD has been seceding with lower lows followed by daily rejection. We are expecting the pattern to continue and the market to make a new low.
Comment:
Given the current status of this trade the market seems to be playing our direction. To ensure we can secure 0% risk this is when we set our stop losses towards our entries.
Comment:
Retracement has been reached and rejected by the previous zones of rejection where the two bullish candles are. The next direction is breaking that low and finally hitting take profit.
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