USDCAD - Short-term bearish bias
PAIR IN FOCUS: USDCAD
ACTION: SHORT
HORIZON: SHORT-TERM
On the daily charting, we can see that price has printed a bearish engulfing candle, which offers a SHORT signal. This coincides with our shorter time frame bearish views.
On the H4 and H1 charting, we can observe that price is retesting a support/resistance level. Expecting a continuation of bearish momentum to the lower bound of the rising channel.
Feel free to discuss and leave comments, Cheers!
ACTION: SHORT
HORIZON: SHORT-TERM
On the daily charting, we can see that price has printed a bearish engulfing candle, which offers a SHORT signal. This coincides with our shorter time frame bearish views.
On the H4 and H1 charting, we can observe that price is retesting a support/resistance level. Expecting a continuation of bearish momentum to the lower bound of the rising channel.
Feel free to discuss and leave comments, Cheers!
Trade fermée: cible de profit atteinte
Melted through TP 1!
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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.