Top Trade Idea For January 31st, 2014 – USD/CAD
By Ric Spooner of CMC Markets
If USDCAD makes a trend peak around current levels it will form an “M” or double top like pattern on the daily chart. I’ve jumped the gun by drawing how this might look on the chart below if yesterday’s high is left as a trend peak.
For Article With Full Trade Set-up Click Here
By Ric Spooner of CMC Markets
If USDCAD makes a trend peak around current levels it will form an “M” or double top like pattern on the daily chart. I’ve jumped the gun by drawing how this might look on the chart below if yesterday’s high is left as a trend peak.
For Article With Full Trade Set-up Click Here