USD/CAD looking for a short again | it will drop most probably
USD/CAD was on watch for weeks and then we caught a heavy portion of the move down
Folks it's time to catch it again
On the daily Time Frame: We have our 1-2-3 ascending structure where we never broke any significant low. Now we've come back for the mini double-top within the pattern and we'll be looking to take this position all the way down again.
On the 4H Time Frame: We did have a bit of an impulsive move to the upside, Market already show rejection
Note:
Either we do get the flag in 4h charts, in which case this will be ready for London session Monday and you'll be able to take a risk entry or a reduced risk entry.
There's a good chance that it rejects and comes back up with a structure again.
Keep Following Folks for more updates
if you want to join our community DM.
Thanks.
Folks it's time to catch it again
On the daily Time Frame: We have our 1-2-3 ascending structure where we never broke any significant low. Now we've come back for the mini double-top within the pattern and we'll be looking to take this position all the way down again.
On the 4H Time Frame: We did have a bit of an impulsive move to the upside, Market already show rejection
Note:
Either we do get the flag in 4h charts, in which case this will be ready for London session Monday and you'll be able to take a risk entry or a reduced risk entry.
There's a good chance that it rejects and comes back up with a structure again.
Keep Following Folks for more updates
if you want to join our community DM.
Thanks.