USDCAD is still bullish and shows no reversal sign yet.
A number of reasons to short:
1. AB=CD
2. Price structure (huge supply zone)
3. Possible butterfly formation
Wait for reversal sign and short.
Taiwan Bear
************************************************
Friendly reminder:
1. Do not use more than 2% of your capital per each trade
2. Don't expect to make money from every trade. Aim for 50%+ winning ratio with 1:2 or above for each trade
A number of reasons to short:
1. AB=CD
2. Price structure (huge supply zone)
3. Possible butterfly formation
Wait for reversal sign and short.
Taiwan Bear
************************************************
Friendly reminder:
1. Do not use more than 2% of your capital per each trade
2. Don't expect to make money from every trade. Aim for 50%+ winning ratio with 1:2 or above for each trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.