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AkashGaur
Nov 1, 2015 6:06 AM

Massive sell off usdcad 

U.S. Dollar/Canadian DollarFXCM

Description

Hello traders , have a potential short on this pair. The initial move down has already begun but there are still 400 or so odd pips left in this pair. Also have another ab=cd pattern which completed on a lower timeframe

Looking to enter short from the 382 retracement of the completed ab=cd with target being the 1.26 area which would also complete another ab=cd pattern. Also i have shown on the chart how i expect the price to from there however it is in a very preliminary stage. However depending on the date that we get from the US might take the price up up to the trendline which might even give a better chance to short
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