CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The vast majority of retail investor accounts lose money when trading CFDs.
76.09% of retail investor accounts lose money when trading CFDs with this provider.

How to measure a move: USDCAD

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Author: Leon Marshall

Hi traders, today we’re looking at a measured move in the video below.

The USDCAD formed a descending triangle and broke out of that pattern last week. Yesterday sellers continued to confirm the breakout with a 1.46% move lower.

Measured moves are used to gauge an idea of where a breakout could end up, it’s not a hard target but more of an estimation. We run over how to measure a move in our latest video below using the pattern from the USDCAD.

USDCAD Measured Move Breakdown