USD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT

Short

Dollar Américain / Dollar Canadien (FX:USDCAD)

Mis à jour

FX:USDCAD Dollar Américain / Dollar Canadien

trendanalysis chartpattern waveanalysis usdcad short sell trading bearish forex forecast tecnhicalanalysis containsimage

Hello,Friends!

USD/CAD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 1.353.

✅LIKE AND COMMENT MY IDEAS✅

Commentaire:

We are seeing a good move already so we will keep the trade running!

✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact

Idées en relation

about US30 2

about USDCHF 7

about USOIL 1

about NZDUSD 2

about XAUUSD 1

about GBPUSD 2

about USDJPY 3

about EURUSD 1

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.