Monday, January 13, 2014

TRADE ALERT: UsdCad to dip

Earlier last week, we experienced a momentum breakout of 1.0730 resistance

Price seem to fight for a pull back to 1.0730 with a bearish candles pattern formed below the 1.0950 level

I expect price to pullback

Trade Entries/Suggestion

 Sell limit at 1.0870
Stop loss:  1.0950
Target 1: 1.0790
Target 2: 1.0730

Trade at your own risk

You want to learn more about price action? Reach me at

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