Good afternoon traders,
It seems a bear butterfly pattern formed on USDCAD.
I´m entering short at current levels with SL above 1.35 on a daily close. Target around 1.30
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Please free to comment or thumbs up if you like it
Josep Pocalles