USDCAD: Sell Opportunity
2019-11-11 17:49:35
Starting from the 4H timeframe the market looks bearish. It gives us a sell opportunity based on a trend reversal signal from 15m chart.
The price is going to break the local uptrend line. We have a new swing low, which can be used for placing pending orders for sell.
The estimated Entry Price: below 1.32175
Stop Loss: above 1.32345
Take Profit: 1.31825
Risk per trade must be no more than 1% of your capital. This is a short term trade.