I am personally seeing bearish potential in CAD all over the board.
Cadchf, Cadjpy look especially bearish right now likely forming a larg top pattern.
If 7900 breaks bulls look like to play out an bullish flag. So its better to exit there.
I personally dont like to sell low , thats why i am waiting for a move higher before shorting this pair.
Blessings to you all.
Cadchf, Cadjpy look especially bearish right now likely forming a larg top pattern.
If 7900 breaks bulls look like to play out an bullish flag. So its better to exit there.
I personally dont like to sell low , thats why i am waiting for a move higher before shorting this pair.
Blessings to you all.
Trade active:
Entering half position at 0.7800
Stop for now 0.7903
Target is 0.7650
Will add second half if we get to 0.7850 area.
Stop for now 0.7903
Target is 0.7650
Will add second half if we get to 0.7850 area.
Trade closed manually:
closing small profit +15
I have decided not to add on this position and leave it a half sized trade.
Its showtime now, the 7800 level is important.