USDCAD is looking like it wants to attempt a move down in the coming weeks and months, with price making a Bear Flag from the highs in March 2020, We could see Oil prices being a catalyst in further descent as there is typically an inverse correlation between the two. Price appears to be searching on the Weekly for lower lows.
This is my outlook on some major forex pairs that i trade for the upcoming week.
Please have a tea and some snacks and enjoy my video and prepare your charts for the upcoming week with me.
This video is just for educational purpose, not financial advice, please DYOR before taking any trades.
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This is not a trading advice neither are my other posts. I have an entry short on the pair since yesterday, see previous post.
Supposedly UC is less volatile and easier pair to swing, for what I've read on the web.
Let see if my TA and the fundamentals align ?
If you think I am wrong or anything constructive to say please comment !
I am willing to learn as far...
This is my own view on for the upcoming week for most of the major pairs.
DXY looks bearish, so im looking to short USD and bullish on other pairs.
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All...
If you go to the higher TF u can see that the price is at the key daily Ob That price is failed to break.
Right now we have our intent to the upside and we got some LQ built up with OB below it, There is a chance that price will mitigate it.