USDCAD - Short-term bearish bias
PAIR IN FOCUS: USDCAD
ACTION: SHORT
HORIZON: SHORT-TERM
On the daily charting, we can see that price has printed a bearish engulfing candle, which offers a SHORT signal. This coincides with our shorter time frame bearish views.
On the H4 and H1 charting, we can observe that price is retesting a support/resistance level. Expecting a continuation of bearish momentum to the lower bound of the rising channel.
Feel free to discuss and leave comments, Cheers!
ACTION: SHORT
HORIZON: SHORT-TERM
On the daily charting, we can see that price has printed a bearish engulfing candle, which offers a SHORT signal. This coincides with our shorter time frame bearish views.
On the H4 and H1 charting, we can observe that price is retesting a support/resistance level. Expecting a continuation of bearish momentum to the lower bound of the rising channel.
Feel free to discuss and leave comments, Cheers!
Trade fechado: objetivo atingido
Melted through TP 1!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.