I am just watching right now since this chart grabbed my attention. For weeks it has made a massive rally with little to no retracement. Ergo, I anticipate a correction to come but when?
Therefore, i wanna see some kind of bearish pin bar or at least a daily sell off or something to give me a bit more confidence since this pair has a CAD in it which means oil will be a factor here too.
I am always careful when dealing with any pair of currency that has CAD in it.
However, when the time comes, the reward will be big.