Tom_Killick

USDCAD: Bulls Out Of Steam At Action Level, Downside? #Forex

FX:USDCAD   U.S. Dollar/Canadian Dollar
145 2 10
Traders,

Compelling bearish signals at the top of the range at the sideways resistance line shows investors clearly
acknowledged this level as a place for potential downside opportunity. It appears the bulls have been swiped and a new downside agenda is clear. Expecting to see strong lows from this move, with a logical target being the sideways support level, bottom of structure. Crude Oil             prices continue to rally, meaning it makes logical sense to consider shorting Canadian dollar             crossovers.

Thank you for your support
For more information on joining my private signals group or receiving professional online trading tuition, contact me here, or via email.

Youtube: https://www.youtube.com/channel/UCrKe1mbrc5cAj1BuuQNoyrA?nohtml5=False
derby
16 days ago
Looks like an opportunity...
Reply
Tom_Killick derby
14 days ago
@derby, Wasn't so lucky this time, there will be opportunity when price hits the top of structure again.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out