I would SELL
USDCAD 1H Technical analysis.
This pair is still pretty bullish, but i think there should be some moves down.
As we can see , there is big gap. Best scenario could be that it will be filled.
Also right now price is at Resistance zone which could move price little bit down.
Overall i would wait till price makes one of two things.
If price breaks resistance, then we need to search for BUYS.
But my main idea is that price breaks this ''small support area'' and after that we can sell.
But if you sell then wait till price breaks this level and stays under. Because it can make fake break out as well.
This pair is still pretty bullish, but i think there should be some moves down.
As we can see , there is big gap. Best scenario could be that it will be filled.
Also right now price is at Resistance zone which could move price little bit down.
Overall i would wait till price makes one of two things.
If price breaks resistance, then we need to search for BUYS.
But my main idea is that price breaks this ''small support area'' and after that we can sell.
But if you sell then wait till price breaks this level and stays under. Because it can make fake break out as well.
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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.