USDCAD SHORT !!! — U.S. Dollar/Canadian Dollar (FX:USDCAD) / 2015-06-23 — shamofficial | TradingView

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U.S. Dollar/Canadian Dollar (FX:USDCAD)

FX:USDCAD U.S. Dollar/Canadian Dollar

USD (US Dollar) short SELL analysis technical Fundamental Analysis NEWS trade trading

usd-us-dollar short sell analysis technical fundamental news trade trading

- Nice downtrend on the daily chart

- Yesterdays candle closed as an inverted hammer

- Also top of the hammer touched the resistance line and bounced off

Related Ideas

about AUDUSD

I could be wrong, but just trying to point out some things you may not have noticed.

snapshot

- Price has been following a strong uptrend.
- Price is above the 200 MVA so technically we should be looking for buying opportunities.
- Stochastics is giving the buy signal.
- Heiken Ashi has no tails indicating the bullish trend is strong. (It has increased the last 3 days now.)

Reply

jfny

Here's a better picture:

snapshot

Reply

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