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2x-Short
Apr 5, 2015 4:43 PM

USDCAD is over bought. expecting a big sell off within 1-2 weeks Short

U.S. Dollar/Canadian DollarFXCM

Description

usdcad is at the top of a buy model. price is ranging while market makers are unloading the longs they bought much lower and are opening up shorts. i am short and ill be shorting bounces. looking for first take profit long term targets between the 2 red lines illustrated below.
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