SteveTobin
Short

USDCAD Long Term Short

FX:USDCAD   U.S. Dollar/Canadian Dollar
116 0 6
USDCAD             trade now 4 weeks old and is continuing to trend slowly lower. The pair tried to mount a recovery on Friday but ended up putting in a bearish shooting star candlestick at the previously identified trend line. The first target from the measure to of the head and shoulders has been met however I am continuing to hold short, a break of the right angle triangle identified on the chart would make 1.18 seem likely. The chart continues to give evidence that a significant top is in place and a medium term bear trend has started. I try to trade on a longer term time frame.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out