ADAMMAC
Short

USDCAD (DAILY) PRICE ACTION ANALYSIS

FX:USDCAD   U.S. Dollar/Canadian Dollar
212 1 13
USDCAD             short analysis,

Continued ranging market in the long run,

a bounce off major critical level resulting in downward momentum,

price action playing its part as a major influencer in the execution of this position,

correction towards the shaded blue is TARGET 1 (130 PIPS).

Price action at this point will confirm movement to the downside further or if it will result in a pattern formation.

Trade active: Awaiting reversal with risk reward still in place.
Comment: Perfect analysis with targets hit to the very point.
it looks so neat :)
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