Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
USDCAD BEARS TO TAKE OVER 📚
👉 As we can see price is sitting around a strong resistance zone, where we will be looking for new bearish movements.
👉 Meanwhile, from a shorter-term perspective, price is still clearly bullish, and for the bears to take over, we need a break on H1 time frame, below our marked swing low, then a movement lower would be expected.
👉Unless price managed to break above our resistance zone, then a movement higher would be expected, till the next rejection zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
USDCAD BEARS TO TAKE OVER 📚
👉 As we can see price is sitting around a strong resistance zone, where we will be looking for new bearish movements.
👉 Meanwhile, from a shorter-term perspective, price is still clearly bullish, and for the bears to take over, we need a break on H1 time frame, below our marked swing low, then a movement lower would be expected.
👉Unless price managed to break above our resistance zone, then a movement higher would be expected, till the next rejection zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!