USDCAD Is it time to SELL when there is an upcoming divergence?
Hello everybody. (18:36 UTC +7)
Let have a quick look at chart. As I have pointed out in the Day Chart, we could easily notice that there will be a divergence when an increasing price in contradiction with a respective peak-falling in RSI indicator. Plus, there are some candle sticks were coming out the Bollinger Band, which notify that a downtrend is about to happen.
Recommendation for USDCAD long-term trading:
Sell zone: 1.33829
Buy zone: 1.30415 or 1.31781
Goodluck, everyone!!! Peace out!!
Let have a quick look at chart. As I have pointed out in the Day Chart, we could easily notice that there will be a divergence when an increasing price in contradiction with a respective peak-falling in RSI indicator. Plus, there are some candle sticks were coming out the Bollinger Band, which notify that a downtrend is about to happen.
Recommendation for USDCAD long-term trading:
Sell zone: 1.33829
Buy zone: 1.30415 or 1.31781
Goodluck, everyone!!! Peace out!!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.