The USD/CAD formed a major Descending Triangle since July 2009, with its Horizontal line at 1.0225 price area. This bottom was broken down last week, configuring a new bearish move.
My strategy is to enter SHORT at the break of 1.0155.
If prices got back into 1.0225, this will negate this possible new Bearish move. So that I will enter LONG at the break up of this level (1.0225)
My strategy is to enter SHORT at the break of 1.0155.
If prices got back into 1.0225, this will negate this possible new Bearish move. So that I will enter LONG at the break up of this level (1.0225)
