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adamseedy

USDCAD Sell Trade Idea Swing

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
adamseedy  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators usdcadshort USD USDCAD
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trendanalysis chartpattern indicator usdcadshort usd usdcad
As you can see, previous higher high are expected not to be broken due to daily bearish engulf that happen previous week.

We can short here with a good risk reward ratio 3:5

looking for sell

SL: 1.28550 (35PIPS)

TP: 1.25000 (300PIPS)

1:10
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