USDCAD - SHORT
I'm personally not a fan of trading on 'breakouts' and smaller time frames however this is playing out nicely.
This pair has been in a bullish trend since the start of the year and has reached a key level of support. Looking into the smaller time frames you can see that this has now broke out of this pattern and believe the bears will take over and push this pair down now.
Going to wait for the market open on Sunday and see where price sits, if it is at the same area or lower it's time to trade.
Let's see how this pair play out.
This pair has been in a bullish trend since the start of the year and has reached a key level of support. Looking into the smaller time frames you can see that this has now broke out of this pattern and believe the bears will take over and push this pair down now.
Going to wait for the market open on Sunday and see where price sits, if it is at the same area or lower it's time to trade.
Let's see how this pair play out.
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.
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.