Trader_Dale

USDCAD strong sell-off 👇

FX:USDCAD   USA-dollar/Kanadensisk dollar
On USD/CAD is nice to see strong sell-off from the price 1.3243, there is nice to see strong volume area....

Where is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

Strong sellers + Sell-off + Strong volume area is my mainly reason for this short trade....

If i see the Biggest Candle in the chart is RED , then i try find some good short trade...

Happy trading

Dale

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