USDCAD: CAD strength + Dollar weakness this week (30/4 - 4/5) ?

Rejection and 27/4 candle's body is bigger than 26/4 candle's body (bearish > bullish). Would be looking to short this pair in the coming week.

Kommentera:

I would enter short when price closes below 200 MA on the H4 chart.

Kommentera:

Also a double top actually with rectangular box as neckline. A break below that would be a good short opportunity.

Handel aktiv:

Entered sell @ 1.2860 for a very nice pattern here

Kommentera:

Price bounced off 20 MA and mini support area. I still see this pair heading to downside target. A clean break would increase the chances.

Trade stängt: Stopp nått:

Shifted sl to 1.2850 and it hits. USD very bullish now, not good to go against it. +10 pips here.

Handel aktiv:

Took another short