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enzobalardini
Jan 5, 2021 5:58 PM

UsdCad sell Short

U.S. Dollar/Canadian DollarFXCM

Description

UsdCad possible sell setup after price broke a major support level. Waiting for a retest of the level and rejection towards the downside, indicating that the previous support is now resistance. Ill be looking for the retest in the 4H or 1H (depending how price action plays out).
Comments
Dave-FX-Hunter
Nice analysis, keep it up.
Mxrtvl8
My tp is 1.24780 👀
enzobalardini
@Mxrtvl8, 🔥🔥
Mxrtvl8
Will it continue selling ?
enzobalardini
@Mxrtvl8, looks like it. it has been in a downtrend since March
Investroy
Amazing bias, do you think the price will reach your target?
enzobalardini
@Investroyllc, With a good rejection from the key level it seems probable.
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