Kumowizard
Short

Looking for a swing sell signal at 4H bearish support

FX:USDCAD   U.S. Dollar / Canadian Dollar
206 0 5
Trade idea is not a strategic view, just a swing trade, as daily time frame still bullish . However the counter bearish move on 4H may have one more leg down.

4H picture:
- Price previously broke below Kumo and broke the uptrend line. Ichimoku setup is neutral with bearish bias.
- Price is retesting Kumo, 100WMA now, Heikin-Ashi signal is still bullish short term
- EWO             is bearish

In case we'll have a bearish Heikin-Ashi signal from here, and EWO             turns down again, USDCAD             will target its previous low. The question as usual: will it make a lower low to 1,3975+?

Initial stop to 1,4455 (adjust it according to your MM rules)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out