USDCAD is moving above the trend line in a descending channel.
After a false breakout of the upper boundary, the price has returned to the channel.
The chart is holding under the 50% retracement level of the last bullish impulse.
We expect a decline in the channel after a retest of resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
After a false breakout of the upper boundary, the price has returned to the channel.
The chart is holding under the 50% retracement level of the last bullish impulse.
We expect a decline in the channel after a retest of resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.