美元/加元
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USDCAD |New perspective

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The Canadian dollar appears to be gaining momentum on the back of lower Treasury yields and weaker US data as we head into the new week. From a technical perspective, the multiple rejections of the 1.030500 area in the space of a month further emphasize the strength of the sellers at this juncture in the market hereby raising my inclination for a selling opportunity in the new week. This video illustrates how I intend to take advantage of a bearish momentum as we anticipate the final trading week of the month.

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交易开始
Position triggered

Due to the current structure that looks like a reversal pattern (rejection of 1.28700) we want to move our stop-loss to break even (and anticipate re-entry) to protect our position against sudden spikes.

快照
交易开始
Price action has been moving according to the plan with multiple entries running in our favour;

快照

Good morning

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