Mike4634

Confused to go Long or Short.

Viés de baixa
OANDA:USDCAD   Dólar Americano/Dólar Canadense
Daily Chart shows strong Downtrend. Green Lines shows potential take profit targets. Other traders are looking to go long for USD/CAD and im wondering why? Am i missing something here? What i am seeing now is that price has reached a strong support level tested multiple times in the past and is currently consolidating. Im waiting for a break & retest to continue on downward however other traders are expecting a trend reversal and this makes me confused.
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