[USDCAD] REBOUND or PULLBACK CONTINUATION?
Good morning Traders!
The pair is working a support area, and if it will trigger a technical rebound, to maintain a bearish trend, it should be limited to our resistance area. That being said, our setup (see chart below) is still valid, and we can easily manage the position.
OUR BEARISH SETUP
(Click and Play on chart below)
![[USDCAD] BEARISH SETUP](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
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Thank you for support and trade with care!
The pair is working a support area, and if it will trigger a technical rebound, to maintain a bearish trend, it should be limited to our resistance area. That being said, our setup (see chart below) is still valid, and we can easily manage the position.
OUR BEARISH SETUP
(Click and Play on chart below)
![[USDCAD] BEARISH SETUP](https://s3.tradingview.com/a/AfNZZbeS_big.png)
If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button!
Thank you for support and trade with care!
Comment:
….at the support!
Comment:
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Trade closed: target reached:
🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
