做空

USDCAD Sell

USDCAD looks like a sell on the H4 and has been moving steadily down from my last entry in UC. I believe that there will be a potential double top move looking to move towards the 1.37800s and since we are within that range it is clearly looking for prior price action to do a pullback or continue the reversal pattern of a downtrend. I am looking for this mainly to be a day trade, however, I will also be placing a swing trade for my other trading accounts to bare in mind to also use PROPER risk management.

RSI also indicates that we are long overdue a major short and will see it within the next few candles how far USDCAD can go. I also have spotted trend patterns go back to July 25th of this year and it extending all the way down for a month straight crashing USDCAD all the way down till the very bottom of the RSI.

ENTRY: 1.37951

TP 1 (Day Trade): 1.1.36230

TP 2 (Swing Trade): 1.35434

TP 3: (extended swing trade) 1.34396

SL: 30 Pips from entry

Please message me if you have any questions! Please enjoy your day and be sure to follow our page!

注释

As I predicted, we went further down and now we had a pullback, however, it's not to worry about when we will go further down as I analyze we will go further down this week coming in and I believe by Monday we should have dropped another 80 pips coming down from Sunday's market opening or Monday wherever you guys all are at (I live in Los Angeles)