The USDCAD is having a neutral position at the time of my writing of this idea. However a break downwards signifies that price will continue on a downward spiral but the opposite is also true that is if tests the support level as shown it must continue upwards towards an area of high resistance. Lastly its beneficial for price to move downwards as this has more...
It came as planned, now have faith and brace yourself for the coming fall. For those who followed thank you, I appreciate
The pair sits at an area of strong support hence this might have a high earning yield compared to risk. This trade is most suitable for risk takers
If Price breaks as shown by the diagram then the Sellers will take over. Hence WAIT for the break to the downside.