Tradingwithtamil

USDCAD: ANOTHER FALL CALL; TRADER'S ALERT- BEARISH.

Giá xuống
FX:USDCAD   Đô la Mỹ / Đô la Canada
Hello buddies,

USDCAD FALL CALL: The pair USDCAD likely to declining towards down.
Market printing the price range around 1.30649. The yet to face the down phase. There is an inside bar formed on 1Day and 4H time frames.
Especially in 4 hr time scale, market frequently tried for a pullback to the top. But price range failed to execute that and attempted points got a reversal. Along with the records I'm anticipating a downfall from the current price level.
However, the structure formation can effortlessly seize the point 1.27412.
If the quotes decline beneath, continue sentiments with bull means end the trade at 1.32060. PLAN YOUR TRADE ACCORDINGLY.

SIGNAL SPECIFICATION

SIGNAL SPECIFICATION:

Pair: USDCAD

Order: SELL

Entry: 1.30649

Take profit: 1.27412

Stop loss: 1.32060

Risk Vs Reward: 2.29

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Note:
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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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