patrick186

Dollar Cad pulling back to value

Short
patrick186 Mis à jour   
FX_IDC:USDCAD   Dollar Américain / Dollar Canadien
It appears as tho we're about to retest the bearish wedge we broke out of during the first part of August. We have a shit ton of resistance in this area and appear to be forming a H&S formation as well.

Look for deceleration and a rejection of this resistance on the daily and intra-day for confirmation to get short. Ideally this pair tops out at resistance the same time USOIL bottoms at support.

I plan on holding this short for quite awhile and will gladly add to the position with pullbacks during the run down.
Ordre annulé:
Ideal entry didn't present itself...

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.