USD/CAD market position

7 Oca 2021

utilising the market trend as a general map of how price action is behaving, USD/CAD has been trading aggressively bearish. Despite price attempting to reverse, we see a strong confluence around current price region acting as a resistance for candlestick rejections as well as a key fib level.

risk/reward ratio 1:2

8 Oca 2021

İşlem elle kapatılmış

NFP ahead which could cause a lot of manipulative price action, securing +50 pips on this trade.