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CAD seems to get a lot of strength and that gives us the opportunity to short USDCAD after seeing a big bearish candle followed by lower lows.
Always follow price action.
This pair is trying many days to make new higher highs and is aggressively rejected by bears..
Now bears are in the game and price is probably going to the next "serious'' demand area.
Short the pair with a nice risk/reward ratio
After the small correction we have all the signals to short the pair until TP price.
Good opportunity to short EU after big bullish spikes and aggressive bears + ichimoku gives us good bearish signals (if you want for more safety wait for chikou span (green line) cross Kumo)
Bulls are showing some real power and after todays candle closed weak bearish, trend will continue its way up until the next important resistance
After that big rejection of Bulls, EU had the power to go even lower.
Low risk idea also.
GBPUSD formed a H&S plus trendline break and made a retest and spiked .
Therefore we can short the pair and aim accordingly.
Always Pay attention at Price action
Same concept as EURCAD,
Bulls are showing weak signals inside their area(demand area).
Therefore, short the pair and pay really attention at price action.
EURCAD broke important Demand area really easily.
Bears are showing some real power , wait for a retracement and short the pair.
Short the pair, as price action looks bearish(correction), before it continues its bullish movement.