JoeMatkinFX

DESCENDING CHANNEL / LONG / USDCAD

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JoeMatkinFX Atualizado   
OANDA:USDCAD   Dólar Americano/Dólar Canadense
Descending channel, corrective nature rejection from trend line would trigger the trade or break of pattern for a less risky trade. We will likely move up too HTF structure this giving us a longterm short position.
Trade ativo:
Active since 1 hour retrace candle, just bear in mind that it might not break now so make sure yours stops are not too tight
Comentário:
Locked in for some profit.
Comentário:
We will look for continuation pattern / hover under structure for a second entry, price could reject from this point also we will see.
Comentário:
Current analysis seems less likely to go up to the upside as of now, still very possible tho.

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