USD/CAD off to a flyer, nice clean structure from the higher time frames right the way down to the lower time frames, seeing confluence across the board for further downside📉
Ultimate target down at 1.31000 but we’ll look to monitor, manage and scale in if opportunities present themselves. We are currently running risk free and will look to lock in profit as price action develops💸
Hope everyone is having an amazing week so far?
Building a case for a short-term sell on USDCAD. Utilising Pattern Separation and determining where price currently sits within structure. -
Overall, price looks to be sitting within the centre region of both the HTF Bear Flag and potential descending flag within that structure, indicating a possible short term move to the downside before making its way back up completing the HTF Flag structure for the Third Touch for the bigger sell.
Send me a DM for more information on how to earn profit daily.
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Anticipating a possible third touch on the trendline after a great push by the resistance.
Charting over the weekend is the best, the market is still.
Don't mind others what they do with their charts, stick to Yours.
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This is one of my favourite quotes but unfortunately something many people fail to do. To many people just expect to reach a certain level in life without putting anything in. Trading is the perfect example of that, with people thinking they can watch some YouTube videos or buy a $16 Amazon book then just go and make millions from a beach! You have to be willing to invest in something not just financially but also with time.
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