Get started
danresdidualfx

USD/CAD analysis: trade analysis

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
danresdidualfx Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators confluences Trend Line Break Fibonacci Retracement swings
9
0
trendanalysis chartpattern indicator confluences trendlinebreak fibonacciretracement swings
price has rebounded the third touch around the trendline, we could expect further downside pressure towards 1.4300. Risk/reward of 1:2
-price retraced to retest trendline and is now creating lower highs and lower swings to the downside.
Comment:
re-entries on trade as targets were still reached
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.