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VasilyTrader
Nov 10, 2021 2:48 PM

USDCAD: Top-Down Analysis & Short Trade Explained 🇺🇸🇨🇦 Short

USD/CADOANDA

Description



Multiple time frame analysis on USDCAD.
Bearish outlook & confirmations discussed.
Short trade explained.
Entry/stop/targets given.

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Comment

Check my new idea on USDCHF:
Comments
Trader_kelvin
it a cup and handle pattern 📉
inguar
To me it could be fake break out. Usd is very strong now. Oil is at the top. It doesn't look like FED's can get away with their dovish mantra any longer, market is stopping to buy it. If u take a look at COT dollar positioning, it is confirming the bullishness of the USD. So I would rather buy dips and expect retracement to 1.252-1.26. Anyway, wish you luck with your plan!
VasilyTrader
@inguar, thank you for comment my friend)))
iamdinusha
Good analysis
mostaphaaminian1995
oops!sl
UnitedSignals
Nice chart, cheers!
Helical_Trades
Very nice !
VasilyTrader
@Helical_Trades, thank you bro :)
mostaphaaminian1995
its disappointing bro
mostaphaaminian1995
bad idea!its going up so strong
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