mngFX

USDCAD Mutiple Rejection, SELL to bottom of structure.

Kort
OANDA:USDCAD   USA-dollar/Kanadensisk dollar
Hi Traders,

USDCAD had failed to breakout of Bullish Continuation structure which a short opportunity to the bottom of this structure is valid and could potentially be a 4:1RR. Price may continue down to the HTF lower boundary which we will manage this trade accordingly.

Follow your trading plan and make sure your entry criteria is met before entering.

Let me know if you agree, comment below and share your analysis!

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