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11021992
29. Dez. 2016 12:16

USDCAD: Waterfall is starting Short

U.S. Dollar/Canadian DollarFXCM

Beschreibung

Hi traders,

On the USDCAD we can see that price has broken the real strong upwards trendline. It has been overbought for a long time now. I'm expecting price to make a correction towards 1.34 or 1.33 the next few days.

Not an actual trade setup, just wanted to share my view. If you do want to trade this, place your stop above the 1.36. Maybe you can try to enter at 1.355.

Cheers

Kommentar

How about that :)
Kommentare
ItsJ_
Well Done :)
11021992
@Markame, Cheers!
Telson
great spotting, thanks for sharing
11021992
@Telson, You're welcome :)
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