Hi!
USDCAD is bearish and it has reached the top of a descending channel.
We can also see on the RSI (thanks WhentoTrade) that it is overbought and ready to drop.
SL is ~10pips outside the previous high. TP I'm aiming for closest support.
RR 2
Let me know what you think!
USDCAD is bearish and it has reached the top of a descending channel.
We can also see on the RSI (thanks WhentoTrade) that it is overbought and ready to drop.
SL is ~10pips outside the previous high. TP I'm aiming for closest support.
RR 2
Let me know what you think!