Get started
UnknownUnicorn38981419

USDCAD HAS BEGAN ITS DESCENT. SELL

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
UnknownUnicorn38981419  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
I have been watching USDCAD for a while now and it has finally broken a level of resistance it previously rejected three times. This is an indication that the bears are finally in control.

Other confluence comes from a bearish candle has closed below the 200 EMA and increasing smart money participation.

Target 1:3 RR.

Good luck.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.