If price bounces off red highlighted zone and breaks through white line, we enter for a sell.
You can see that USDCAD has been trading in a local downtrend from a overall rising trend, and I expect retracement to the previous trendline / support level (whatever you'd like to call it)
For me, this is a great opportunity with great risk to reward ratio's and all of my analysis indicate for a sell off, I am notorious for being correct and intend to use it for my advantage. Good Luck.
Drop me a message if you have any issues / questions.
You can see that USDCAD has been trading in a local downtrend from a overall rising trend, and I expect retracement to the previous trendline / support level (whatever you'd like to call it)
For me, this is a great opportunity with great risk to reward ratio's and all of my analysis indicate for a sell off, I am notorious for being correct and intend to use it for my advantage. Good Luck.
Drop me a message if you have any issues / questions.