Hey traders,
As seen on the H1 charts we see that price has reached the upper green line that I have drawn.
Price looks to be in this channel / flag pattern.
Price immediately reversed and formed a bearish double bar.
THe risk to reward on this trade is 1.65.
We caught a nice 3.4 risk to reward trade yesterday night on the USDCAD.
Let's see if we can catch another nice short today.
Daily trade analysis and ideas:
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