SadeeqWilson

Usdcad retracement buy , trend ends or continue

FX:USDCAD   U.S. Dollar / Canadian Dollar
Ive taken some buys at the lower low area just made , this could be just retracement or it could be the beginning of a change in trend , the markets just made a monthly lower low so a major retracement swing can be possible. Gonna watch how the markets react around the red highlighted area.

If i decide to take sells in the red sell zone ill be looking for doji, and any other exhaustion candles on the daily in that area
Trade closed: target reached:
End of day showed us that UCAD is ready for sells once again. Will be looking for entries as the London markets open

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