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VasilyTrader
Apr 24, 2023 3:01 PM

USDCAD: Your Trading Plan 🇺🇸🇨🇦 Short

USD/CADOANDA

Description



USDCAD is trading in a bearish trend on a daily.
The price is currently testing a key horizontal resistance.

Approaching that, the price formed a head & shoulders pattern on 1H time frame.
1.3522 - 1.353 is its neckline. To short with a confirmation, wait for its bearish breakout (1H candle close below that).

Sell aggressively or on a retest then.
Goals will be 1.3493 / 1.3456

❤️Please, support my work with like, thank you!❤️
Comments
TheSignalyst
clean and clear my friend. I expect weaker USD and stronger cad/oil too
ProjectSyndicate
excellent multi-timeframe analysis for usdcad
ProSignalsFx
Thank you!
Traders-Club
Excellent forecast!
basictradingtv
keep up the excellent work!
AnabelSignals
Good trading idea, pal!
VasilyTrader
Wait for a neckline breakout
that is your trigger to short
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