USDCAD- Descending Triangle Breakout and Enter At Reversal!
Actualizado
- Very good opportunity to go for a short position on this pair at the reversal of the supply zone.
-Another confluences is the EMA is above price which shows bearish trend of the pair.
-Wait for a strong bearish candle at the supply zone and enter the trade.
Let's see what happens during the week!
-Another confluences is the EMA is above price which shows bearish trend of the pair.
-Wait for a strong bearish candle at the supply zone and enter the trade.
Let's see what happens during the week!
Nota
Price is currently in consolidation and did not reach the level expected but it would have an okay breakout trade with a small risk to reward ratio.Operación cerrada: objetivo alcanzado
Nota
The trade closed with a risk to reward ratio of 1:5 !!!
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