USDCAD: CAD strength + Dollar weakness this week (30/4 - 4/5) ?
Rejection and 27/4 candle's body is bigger than 26/4 candle's body (bearish > bullish). Would be looking to short this pair in the coming week.
Kommentar:
I would enter short when price closes below 200 MA on the H4 chart.
Kommentar:
Also a double top actually with rectangular box as neckline. A break below that would be a good short opportunity.
Trade ist aktiv:
Entered sell @ 1.2860 for a very nice pattern here
Kommentar:
Price bounced off 20 MA and mini support area. I still see this pair heading to downside target. A clean break would increase the chances.
Trade geschlossen: Stop wurde erreicht:
Shifted sl to 1.2850 and it hits. USD very bullish now, not good to go against it. +10 pips here.
Trade ist aktiv:
Took another short
