TradingView
TradingBonus
Jan 25, 2021 10:08 PM

USDCAD made ABCD PATTERN and will FALL Short

U.S. Dollar/Canadian DollarFXCM

Description

SHORT trade analysis on USDCAD.

Graph is looking bearish to lower trendline. On the chart is clearly seen ABCD pattern meaning that price will fall now. Trade idea is also shown on MACD and RSI indicators, so you can see that graph made regular bearish divergence.

If you liked this idea or if you have your own opinion about it, write in the comments.
More