USDCAD - 23.05.2021
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Bearish Market Trade Idea
Market is heavily bearish so looking for short trade ideas. However, price is near strong monthly structure and the psyc level of 1.2 so there is a chance price could start to reverse from here.
If you would like to take this trade remember to practice correct risk management.
Market is heavily bearish so looking for short trade ideas. However, price is near strong monthly structure and the psyc level of 1.2 so there is a chance price could start to reverse from here.
If you would like to take this trade remember to practice correct risk management.
Note
Has taken a while for price to find our first target area. Currently sitting 50 pips in profit so move SL to BE if not done so already.
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