USDCAD trading Plan Sell Signal (24-05-2015) Price Action analysis

New Supply formed at USDCAD Monthly, there is big imbalance from there. So keep watching if USDCAD come back to that area and Plan to Short (Sell)

USDCAD Monthly (24 May 2015)

USDCAD Weekly (24 may 2015)

USDCAD H4 (24 may 2015)

USDCAD H1 (24 may 2015)

USDCAD

Short Term (Buy)

Long @ 1.2182

TP @ 1.2404

SL @ 1.2071

Risk Reward: 1:3

LongTerm (Sell)

Short @ 1.2461

TP @ 1.1400

SL @ 1.2627

Risk Reward: 1:4