USD/CAD

Quoting andoseg2

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Great and rare short strong setup with very high win potential : The price is stucked between support and resistance at the low of previous trading Day . Previous trading Day show good selling activity increasing the likelihood of a valid downbreak. Potential risk : reward 1: 7 Always use aggresive risk management , no matter how the perfect setup is and never risk more that a small amount of your capital : {image}

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Quoting andoseg2

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{quote} The sell order did not triggered. Looking for a short on the same area : {image} If the correction is over here and uptrend will reestabilish then this would be the entry I would take: {image}

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Quoting andoseg2

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{quote} {image}

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Quoting colened65

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there was a big harmonic pattern on the 1hr that was also pushing this down note i edited this to add the chart {image}

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Quoting andoseg2

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{quote} 4h timeframe This is the buy I was talking above. Beware to manage aggresively the risk : {image}

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Quoting traderblah

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Short time {image}

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Quoting arigoldman

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I expect a move down this week.

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Quoting Dano12

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{image}{image}

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Quoting Darkforce

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{quote} Hi Dano, do you feel that there might be another wave down for USDCAD from here? I try to envision the current move up still as a correction phase of the last down move from 1.34xx, but the NFP boosted USD sentiment quite a bit and I am not really sure about this now.

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Quoting andoseg2

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{quote} Trade triggered, indications on the printscreen below : {image}

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Quoting Dano12

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{quote} can a small w4 'down, and possible push more UP {image}

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