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Reached bearish Crab completion zone

303
Finally, more than a month since I first published the bearish Crab scenario, USDCAD reached the PRZ.
Now, there are several ways to trade it, here are two of them:
1. Aggressive approach - Sell the pattern completion near 1.34. You can look for smaller time frame reversal pattern to better time your entry.

2. Wait for reversal confirmation - More conservative approach that requires more confirmation before jumping into a counter trend trade. A close below 1.32 (at least the Fast SMA line) can be your signal.

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Nota
Reached first target level last week.
1.28 could be next.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.