XT-Simple_Trading

Wait to join the Bears

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Weekly Chart:
Bearish engulfing pattern
Daily Chart:
Bearish candle
Watch out:
1. The first short-term uptrend line since 18th Apr 2018.
Action:
Wait to join the Bears
Comment:
Weekly Chart:
Bearish pin bar with rejection of high price
Daily Chart:
Bearish candle
Watch out:
1. The first short-term uptrend line since 18th Apr 2018.
Action:
Keep holding short position.

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.