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The USD and CAD exchange rate reached a important level in a 4 Hr time frame.

Here, we can find lot of good reason for sell.


In day time-frame, the signals forming a up-trend channel close to the resistance. (shown in graph)

The momentum of the signals, moved in constant bullish trend and stabilising it. (shown in graph)

Back in 4 Hr frame, Market hanging in resistance for long while, this ensuring the fall.

Although, the price also yet to breakout.
By its formation in day frame, it catalysing the process and ensuring the fall.

The previous momentum states the fall could be up-to 1.27498
It has enough potential to break down the trend.

In-case the signals left a impulse and correction back to top means end the trade at 1.30908.

Stay in positive lane for good sell.

SIGNAL SPECIFICATION

Pair:USDCAD

Order:SELL

Entry:1.29929

Take profit:1.27498

Stop loss:1.30908

Risk Vs Reward:2.5

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Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward upto 1:7.
Note:

Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.

This allow you to be good in overall pips profit.

Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.


Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil

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