Get started
FXShinobi

USDCAD BEARISH PINBAR!!

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
FXShinobi  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns USDCAD usdcadshort usdcadsetup usdcadshortsetup
7
0
trendanalysis harmonicpatterns chartpattern usdcad usdcadshort usdcadsetup usdcadshortsetup
Hey traders,

Here is my analysis of the USDCAD on the daily timeframe.

Previously I said that price was currently consolidating on the USDCAD.

Last Friday we had a strong close for the bears in the form of a pinbar.

This is a clear and simple signal which indicates that price is looking to move downward.

Simple price action and analysis.
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.