- January 5, 2021
- Posted by: virtualxstore
- Category: trading
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Usdcad sell opportunity
the pair is in a downtrend and we have a strong resistance on a 2 hour timeframe
We also have a strong support on a 2 and 4 hour timeframes which offers a swing trade and breakout trading opportunity
A swing trade comes as the pair makes a pullback towards resistance and we can manage to sell as price approaches resistance
Second point of sell comes and price moves below strong support area
Use proper risk management
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