Trend is strong bearesh
Market make a rectangle pattern recently
after touching trend the price breaks low of the pattern
and the bearish trend will started
Market make a rectangle pattern recently
after touching trend the price breaks low of the pattern
and the bearish trend will started
Trade active:
Price for USDCAD is still in a strong downtrend.
However, we can see that the price is forming a
rectangle pattern ( range) recently.
recently the price broke below the pattern,
we can expect some down side movement!
However, we can see that the price is forming a
rectangle pattern ( range) recently.
recently the price broke below the pattern,
we can expect some down side movement!
Trade closed: stop reached