BEARISH BIAS CONFIRMED-BREAK-OUT!

Hi all,
This week, oil got a major pullback with high reports . Besides we have the BoC's rate decision statement yet to release. It has the power to bring any changes in market.

In a hour time line,the momentum of the signals traveled in a major trend line (shown in graph). In that we have a proof for impulse and its corrections.
By the above reasons i am expecting a break-out and a bearish act.
And the fall up-to 1.29245

POINTS TO BE REMEMBER:

ENTRY:1.30088

PAIR:USDCAD

STOP LOSS:1.30586

TAKE PROFIT:1.29245
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Forextamil

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