USDCAD take 2: Going to catch the short side again on hourly!
I am going to attempt this idea again (see link to the related idea). Rationale remains the same as before.
1)USDCAD is showing overall down trend on higher time frames
2) Price is dropping below 100 EMA on Hourly Chart (Amber)
3) Short term price is in a down trend as drawn by the Black line
4) R:R approx 1- 1.5
Again, keeping it simple, keeping it real!
Happy Hunting!
1)USDCAD is showing overall down trend on higher time frames
2) Price is dropping below 100 EMA on Hourly Chart (Amber)
3) Short term price is in a down trend as drawn by the Black line
4) R:R approx 1- 1.5
Again, keeping it simple, keeping it real!
Happy Hunting!
