williamdavies

USD-CAD 'The bears are only just getting started...'

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
On the monthly Chart we have a gigantic bearish engulfing that can not be ignored, straight sell off down to key level 1.3100 (weekly level)
This was projected in the 'swinging its way down to 1.31' post I uploaded!
Price has since clawed its way back to 1.3200 a key level which coincides with my favoured Fibonacci levels! Shorts have been activated and are ready to run!! lets see if we can go looking for the titanic with all these confluences coming in line! If all goes well there will be multiple opportunities to milk the trade with add ons! Safe trading people!!


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