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Wednesday, August 11, 2021

USDCAD - PAIR AT THE NECKLINE OF AN M - FORMATION

USDCAD - PAIR AT THE NECKLINE OF AN M - FORMATION

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PAIR AT NECKLINE OF A TYPICAL M-FORMATION

Two possible scenarios can play out at this neckline: a rejection upside to the double top or a sell-off should the
neckline be broken and retested @1.253. Kindly manage your risk and money well and obey your trading rules and plans.

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.



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