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USDCAD: ANOTHER FALL CALL; TRADERS ALERT- BEARISH.

USDCAD FALL CALL: The pair USDCAD likely to declining towards down.
Market printing the price range around 1.30649.  The yet to face the down phase. There is an inside bar formed on 1Day and 4H time frames.
Especially in 4 hr time scale, market frequently tried for a pullback to the top. But price range failed to execute that and attempted points got a reversal. Along with the records I’m anticipating a downfall from the current price level.
However, the structure formation can effortlessly seize the point 1.27412.
If the quotes decline beneath, continue sentiments with bull means end the trade at 1.32060.
PLAN YOUR TRADE ACCORDINGLY.
SIGNAL SPECIFICATION
SIGNAL SPECIFICATION:
Pair: USDCAD
Order: SELL
Entry: 1.30649
Take profit: 1.27412
Stop loss: 1.32060
Risk Vs Reward: 2.29
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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.
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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
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30 Jul 2018 12:39 pm Posted by tamilforex

 
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