Fxprotrader

USDCAD Potential Sell Opportunity After Breakout

Short
FX:USDCAD   Dollar Américain / Dollar Canadien
17
After a drop price has being in a corrective structure for the previous days, a structure which ended with another sharp move to the down. What we should wait now is a sell setup to complete probably after price retracing back to the broken level and then we may go short. A great profit target may be the D point of a pending bullish pattern which may push price higher.
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