FXShinobi

USDCAD SHORT OPPORTUNITY

Short
FXShinobi Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price coming back up to the blue line, look for price action to confirm short. Price action meaning price retests the line, then tries to make a higher high failing to do so, and then makes a lower low signalling bears have control.
Comment:
price has blown past the line, making the trade invalid! I have a long bias now - waiting for confirmation
Comment:
Price continuing strong during this hour, looking like a strong breakout - will update with potential long trade soon.. Patience is key

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.