USDCAD SELL TRADE SETUP for Swing Trade.
USD is very much strong, But Currently Resistance is ahead so we expect a retracement from here towards the below support. Where we have only one candle that is not according to the bullish move. So expect price retrace down to this point. Follow the price in the lower time frame and once we have Resistance Formed in H4 then look for the sell option.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
USD is very much strong, But Currently Resistance is ahead so we expect a retracement from here towards the below support. Where we have only one candle that is not according to the bullish move. So expect price retrace down to this point. Follow the price in the lower time frame and once we have Resistance Formed in H4 then look for the sell option.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.