USDCADsell setup
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I will be looking to sell the breakout.
Remember the consolidation can still continue so don't jump in before it confirms the breakout.
Trade with care
Remember the consolidation can still continue so don't jump in before it confirms the breakout.
Trade with care
Note
still a sell
Note
OK so the CAD did not correct and break it just reverse. If you took the early breakout without waiting for the correction, I hope you got at lease a BE trade. Now I am waiting for a downwards correction then the buy , if it reverse again then I'll be looking for some wedge pattern in the making .
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