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ThinkingAntsOk

"Top and Bottom Analysis" USD/CAD by ThinkingAntsOk

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ThinkingAntsOk  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Trend Lines Multiple Time Frame Analysis USDCAD USD CAD Forex fx
6
0
supportandresistance trendline mtfa usdcad usd cad forex fx
4H CHART EXPLANATION:

Main Items we observe on the Chart:

- Price is on an Ascending Wedge, at a Resistance Zone.
- It bounced from the Top of the Wedge and now, it has potential to move down towards the Bottom of it and then, if it breaks it,there is potential to move down towards the Ascending Trendline at 1,3315.

We are looking for sell setups on lower timeframes.

MULTI TIMEFRAME VISION:

-Weekly
snapshot
-Daily
snapshot

Related Ideas

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"Trade Idea" on USDCAD by ThinkingAntsOk
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