We already had a bearish impulse from the top, Wait for the correction is over and go for short.
If you found this idea useful please and comment, This is not an investement advice, this is for educationnel purpose.
Best luck you all
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Wait for strong sell before you go short.
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Very nice rejection from the top. Wait for correction before going short
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Price actions did not close above the bearish impulse from the top. As the pattern formed in the top, we may see one more up move before complet reversal. Tomorrow is expected to be a good day for the CAD paires, because it will recover strongth from the API Oil inventories.
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Enjoy it guys, The market is going the way we went it to move. Trade with care,
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Sellers are still in control of the top.
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This paire can not keep pushing for upside At same point it will need to correct, or the CAD will get strong and it will reverse the price back to the bottom.