USDCAD SHORT!!!
Hey guys
My equity shorts are going well. Good start to the week. Keep an eye on usdcad here. This is still counter trend trade with good risk to reward ratio. I expect more weakness once 1.32 level goes. But it is worth a shot. I'll wait for this 4h candle close below kijun sen and macd cross. This pair keeps getting rejected at the cloud. Daily is not the prettiest picture. It bounced off the cloud and then failed at 4h cloud. Unable to break through higher tells me that buyers don't have enough conviction here. Also, daily macd is crossed down.
Let's see how it plays out.
My equity shorts are going well. Good start to the week. Keep an eye on usdcad here. This is still counter trend trade with good risk to reward ratio. I expect more weakness once 1.32 level goes. But it is worth a shot. I'll wait for this 4h candle close below kijun sen and macd cross. This pair keeps getting rejected at the cloud. Daily is not the prettiest picture. It bounced off the cloud and then failed at 4h cloud. Unable to break through higher tells me that buyers don't have enough conviction here. Also, daily macd is crossed down.
Let's see how it plays out.
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