USDCAD - 23.05.2021

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Bearish Market Trade Idea

Market is heavily bearish so looking for short trade ideas. However, price is near strong monthly structure and the psyc level of 1.2 so there is a chance price could start to reverse from here.

If you would like to take this trade remember to practice correct risk management.
Ghi chú
Has taken a while for price to find our first target area. Currently sitting 50 pips in profit so move SL to BE if not done so already.
Trend Analysis

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