USDCAD Bear Flag

٢٢ يونيو ٢٠١٨

USDCAD is in a bear flag similar to the on it was in in 2016-2017. Today the stops were run from traders who were shorting the top of the current flag. Afterwards we saw a very strong revesal back down which indicates the initial spike was a stop run. After clossing back inside the bear flag we should see a very large sell off begin similar to 2017. I am short with stops at 1.34 and very optimistic targets. Good Luck.