THERE'S ONLY TINY SPACE ON LOONIE

COMPARED TO ANOTHER pair, the range on LOONIE is not really interesting. It's likely form a rectangle pattern and I assume the next move will be down as shown on the weekly chart that the rectangle is formed below EMA's.

The price will likely make a pullback before the price continue drop, even though the range is not really appealing but the movement is pretty clear for me.

Trade closed: target reached:

I got a pretty nice setup by monitoring confirmation on H1 Chart, grabbing 80 pips profit.

Congrats to everyone who sell-short Loonie!