AzzeddineBerhili

My Technical Analyse For USDCAD!

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
I don't think i need to make it clear more than what it is already...As u can notice after creating a Flag...Price has broke it to the downside so as a trader i will think about taking a short here...But i will say maybe it can be a fake breakout so i will try to achieve more confirmation..As a confirmation
i draw the Volume Profile and i found that price has Break also that POC(point of control)of volume Profile so here is another bearish signe ...i set my favorite moving support and resistance (THE MA200) and found it over Candeles another bearish signe ...If u
notice also there a structure of H&S pattern here is another bearish signes that's enough ..Going to Sell Now.... Good Luck!!!!!
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