USDCAD in continued downtrend so looking for sell setup seems like a good idea.
Best regards, Tom_Killick
Orden cancelada
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Strong bulls pushing into the market makes finding a sell setup unrealistic and too risky. I consider this trade invalidated until a new setup comes along.
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Price is rangebound, the next move is uncertain. If we watch this one, we might be able to find a setup and make a nice profit into next weeks trading session.
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FardinRahmanFX
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going up why??
TomProTrader
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@FardinRahmanFX,That's the way the markets are. Could be: market noise, alternative time frame structural retest, fundamental event blowing a reaction in the pair, dollar index changing sentiment, Crude Oil prices taking a hit, forcing USDCAD up.
Could be virtually anything. If you have a tested trading strategy though, you shouldn't have a problem finding a good setup, or knowing when to enter, or leave a trade be.