TradingView
Trade_Simple_FX
Feb 16, 2021 9:20 AM

USDCAD H4 - Long Trade Setup Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD H4

We are evidently seeing the USD see a little bit of weakness, but can we hold support on USDCAD lows until we can gear up for some strength/corrective moves.

Very similar to what we were expecting from USDCHF, but USDCHF seems to be breaking support now after trying to hold for so long. CAD losing a little bit of ground early doors as we see WTI drop in price back below 60/B. Huge extensions on WTI, just real entry points.
More