While major pairs are still consolidating, USDCAD is making new lows. Here things seem extremely clear.
- we have a downward trend of D1
- we have a downward trend of H4
- we have a downward trend of H1
- break of support
- engulfing candle of H4
We expect the movement to continue towards the following supports:
1.3144
1.3107
Watch for a break in the trendlines and for initial depletion signals.
To support us, please like and comment.
Everything else is in the signature section!
- we have a downward trend of D1
- we have a downward trend of H4
- we have a downward trend of H1
- break of support
- engulfing candle of H4
We expect the movement to continue towards the following supports:
1.3144
1.3107
Watch for a break in the trendlines and for initial depletion signals.
To support us, please like and comment.
Everything else is in the signature section!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade