The price action here is telling us that price is heading down again.
We are going short this pair as a continuation trade. UsdCad currently sit below big numbers.
No brainer for us to continue to sell this pair.
We have use a very small stop for this trade. 1.2860 we dont want any surprises.
We target the low of this current pullback first before anymore downside move materialise.
GLT and trade with care.
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Instagram: @charts247
Watch How to trade Forex - structural Points Part 1 -3
buff.ly/1SKV22n
buff.ly/1SKV22r
We are going short this pair as a continuation trade. UsdCad currently sit below big numbers.
No brainer for us to continue to sell this pair.
We have use a very small stop for this trade. 1.2860 we dont want any surprises.
We target the low of this current pullback first before anymore downside move materialise.
GLT and trade with care.
Follow us on twitter @charts_247
Instagram: @charts247
Watch How to trade Forex - structural Points Part 1 -3
buff.ly/1SKV22n
buff.ly/1SKV22r
Comment:
As we can see. this pair confirms what we already know! Keep short
