USDCAD Bearish Divergence

FX:USDCAD   U.S. Dollar / Canadian Dollar
The trading idea is based on a trend reversal signal. The price diverges with RSI and MACD histogram and it gives a sell opportunity. Entry level can be below the low of the candle which breaks the uptrend line. Stop orders should be placed above 1.31500 level. Profit targets are 1.26000 and 1.24000 levels.
Recommended Broker: http://bit.ly/2rdWObf

PREMIUM Trading Signals And Copy Trading Platform for FREE! Join >>> https://tradunity.com/lite

My Telegram: https://t.me/dlavrov_tch
Our Youtube: https://youtube.com/c/tradunity
This one looks like a great long now @ 1.2921
I don't like that today seems to go back up.
Same here, thinking it will go down now to complete the pattern

You really think a big drop until 1.26 -1.24?
+1 Reply
DLavrov Joey3310
@Joey3310, it's not a drop in 1-2 candles. It's a downward movement.
Joey3310 DLavrov
@DLavrov, thank you , i understand
Joey3310 DLavrov
@DLavrov, is it a good idea to sell now ?
@Joey3310, seems to be ABC correction
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out