USDCAD- Descending Triangle Breakout and Enter At Reversal!
- Very good opportunity to go for a short position on this pair at the reversal of the supply zone.
-Another confluences is the EMA is above price which shows bearish trend of the pair.
-Wait for a strong bearish candle at the supply zone and enter the trade.
Let's see what happens during the week!
-Another confluences is the EMA is above price which shows bearish trend of the pair.
-Wait for a strong bearish candle at the supply zone and enter the trade.
Let's see what happens during the week!
הערה:
Price is currently in consolidation and did not reach the level expected but it would have an okay breakout trade with a small risk to reward ratio.
עסקה סגורה: היעד הושג:
הערה:
The trade closed with a risk to reward ratio of 1:5 !!!