USDCAD: Contrarian perspective.

Loads of crowds are heading north on USDCAD. I don't follow crowds - sorry. In this screencast, I show my rationale for a contrarian perspective based on patterns in USDCAD (1D) and weakening in US-Dollar (1D) trend strength. I'm currently exploiting a 30 min time frame microtrend and willing to take a controlled loss (aka stop-loss), to limit how wrong I may be. I've focused on US-Dollar moves which is a limitation of this assessment.

There are no predictions here, as I operate without targets.