Hi traders, USDCAD is setting up for a downside move i am expecting from price to go our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
Hi traders, USDCAD is setting up for a downside possible move i am expecting from price to go our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
Hi traders, USDCAD is setting up for a downside move watch sharp breakdown to the downside and look for a short. If price did not give us a sharp breakdown then watch price to come around our upper mentioned area and look on the top for a short position opportunity GOOD LUCK.
We consider selling this USDCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
We consider buying this USDCAD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
We sell this pair because there is a strong resistance above and the New Jerusalem Indicator has already turned red meaning that there is a bearish pressure. The entry and exit levels have been shown on the chart. We know what we are doing and we do what the market is doing. Experience Zero Poverty. Wish you success.
This Pair has broken out of a strong support zone with a bearish engulfing with a retest happening on the h1 where dojo candles are forming showing rejection of the zone.
Confirmations for trade:
Bearish engulfing breaking support.
Retest candles on H1
H4 and H1 MA showing bearish volume in market
NY open under support becoming resistance.
USDCAD has broken out of its consolidation range and has given a nice retest of the previous structure of price within the 61.8% fibo zone. WIth bullish movements of this zone will indicate a new impulse in the market to take it to the upside.
