After hitting a significantly strong resistance it has come down to support level one and broken it. We aim to hit support level two in a couple of days!
Make sure your risk management is in check!
Very good opportunity!
USDCAD Daily gave us a clear bearish engulfing in a trend line support area... It is a clear indication of reversal... The two hour chart has also given us a reversal bearish engulfing on support meaning it is time to enter short! I believe this trade is a opportunity with profit ratio of 1:3...
Always keep your risk management in check!