TradingView
Monfex_UK
Oct 7, 2019 8:49 PM

USD/CAD Classic Bearish pattern  Short

U.S. Dollar/Canadian DollarFXCM

Description

Hello, Traders!
Monfex is at your service and today we overview USDCAD.

After formed XABCD pattern figure the price was aimed to the support line. RSI has crossed 60% and going to the oversold zone. Short from the resistance.

Share your thoughts, ideas about the market under the chart.

Watch for our Updates to be the first who gets well-timed signals !

GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

Trade closed: target reached

More