USDCAD - 20180707 (Closed [+3.1%]) LATE POST
by Dayadi Tirtodewo S.Si. BEARISH CONTROL, SHORT SELL SETUP Hi guys, sorry for this late post. Because I got extrim earthquake in my lovely island in Lombok, luckyly our home in good condition until now. Thank's God. Ok, let's go now to my report for USDCAD setup. In chart above Bearish Control Candle Pattern had been form (see the crossair) which indication for further downside move. Now let's breakdown the H1 chart as shown below. H1 chart we notice for short term bearish move, as the price already break some key level at 1.29931 and waiting for next break at 1.29764 key level. Some market catalyst for retest this key level we have some fundamental data as shown below: Below is the short sell setup for USDCAD: Price move to our direction, and trigger sell at 1.30016 when the MACD crossing down with signal line and the RSI not in oversold condition. I finishing this trade when RSI hit first oversold condition at 1.29704, closing with +3.1
