USDCAD short
The market has hit twice an important resistance level with the second touch having a lower momentum compared to the previous one.
The doji candlestick indicates that the bulls are losing momentum and that the bears are ready to take over and push the market lower.
Enter the market with a minimum of a Risk-Reward of 2.
I will suggest to place your profit at around 1.4250 to play it safe and a further one at 1.4000 in order
For more information please do not hesitate to leave a message below.
I would really appreciate if you could hit the like button and follow me
For more analyses please follow me on Instagram: APastorFX
The doji candlestick indicates that the bulls are losing momentum and that the bears are ready to take over and push the market lower.
Enter the market with a minimum of a Risk-Reward of 2.
I will suggest to place your profit at around 1.4250 to play it safe and a further one at 1.4000 in order
For more information please do not hesitate to leave a message below.
I would really appreciate if you could hit the like button and follow me
For more analyses please follow me on Instagram: APastorFX
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