USDCAD 4HR Test Support Before Huge Breakout Higher
USDCAD could not 1.4000 and I do not expect it to hold today which is an important level in the short term. The 4-hour chart is showing us that it is in a bullish flag formation on a breakout.
The levels we must watch in mind are the following: 1.37865, 1.39588 - 1.40548, 1.42469, 1.43796
What do we have here?
✔️ Bull Flag Formation
✔️ USDCAD- Failed at Support Level
Thank you, Connor,
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The levels we must watch in mind are the following: 1.37865, 1.39588 - 1.40548, 1.42469, 1.43796
What do we have here?
✔️ Bull Flag Formation
✔️ USDCAD- Failed at Support Level
Thank you, Connor,
Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only. For more short term analysis and trading ideas please subscribe to The Margin Call.
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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.