In my previous post on USDCAD i described a potential short, but based on the result i posted a little early. Now i will once again watch for a sell setup at level where price tests the median line of an upslope pitchfork. At that level we have a double top formation while RSI is overbought and a bearish divergnece is present.
Like and follow for updates..!
Like and follow for updates..!
Trade active:
Comment:
With current profit at slighty more than 1:1 risk/reward ratio we should move stoploss at breakeven for a risk free trade setup
Comment:
Trade stopped at breakeven..