USDCAD Sell Entry

2019-11-26 10:24:11

We have been actively trading USDCAD for a few months now, and what I see is the possibility for a short term sell on the correctional pattern. One of the reasons I like this trade is because I am long term BEARISH on USDCAD based on basic Monthly Structural Analysis. When I know price is long term bearish, then the probability of a bearish trade going through increases drastically. We will take a very low risk position on this trade, small stop loss; large take profit. If there is no rejection there will be no trade.

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-Ben Berlin