POSSIBLE CORRECTIVE STRUCTURE- BEAR PLAY.

Hi all,
The USD and CAD is a popular currency pair in the market. Due to its, large amount of cross boarder trading culture.

Every signal has its own pattern, time-frame is a key to predict the trade.

When we track the signals in a monthly open, we can witness a flag correction. And it seems to been in down trend.
In a hour time-frame, the momentum of the signals spiked back to back in a major trend line. - with its impulse and correction behavior.(shown in graph)

At 1.29400, the market forms a small impulse.after its aggressive correction. (shown in graph)
So, i'm expecting a correction at 1.29413. By its record the fall would be very aggressive.

SIGNAL SPECIFICATION:

Entry: 1.29301.

Pair: USDCAD.

Order:SELL.

Take profit:1.28395.

Stop loss:1.29678.

Risk Vs Reward:2.4.
-------------------------------------------------------------------------------------------------------
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil

Trade closed: stop reached:

stop loss hit.

follow our updates for more profitable trades.