USDCAD- Bearish Next Week!!
On USDCAD 1 day chart, a PINBAR bearish reversal three candlestick pattern has just happened with this pair. If you don't understand and/or know what a Pinbar candlestick pattern is (please) read about it. This is one of the most reliable reversal patterns, especially on longer term charts, like this daily one.
At this time both ema 50 (black line) and ema 200 are above PA. PA on last day of trading was bearish. From RSI being under 50 at this time, this will be a generally bearish or sell trades this coming week for myself. Remember, on short term trades TRUST your charts and PRICE ACTION-- anticipation of trend changes will keep you trading with trend.
At this time both ema 50 (black line) and ema 200 are above PA. PA on last day of trading was bearish. From RSI being under 50 at this time, this will be a generally bearish or sell trades this coming week for myself. Remember, on short term trades TRUST your charts and PRICE ACTION-- anticipation of trend changes will keep you trading with trend.
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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.