USDCAD to continue bearish
Hey guys, back with another analysis. I just found a high probable setup on USDCAD. Please do like and comment and follow for more. :)
Daily, we can see it is respecting this bearish trend making LL and LH, I think it has made the LH and it should continue bearish from now. Also got a confluence from Fibonacci Retracement, it is at the golden zone of 61.8%.
H1, we can see it has made a head and shoulders pattern too giving more confluences for this trade. Break and retest of the neckline would be the best way to enter, I have entered aggresively.
Please you proper risk management if you will follow this trade.
Thanks. :)
Daily, we can see it is respecting this bearish trend making LL and LH, I think it has made the LH and it should continue bearish from now. Also got a confluence from Fibonacci Retracement, it is at the golden zone of 61.8%.
H1, we can see it has made a head and shoulders pattern too giving more confluences for this trade. Break and retest of the neckline would be the best way to enter, I have entered aggresively.
Please you proper risk management if you will follow this trade.
Thanks. :)
Trade fermée manuellement
Closed around breakeven small loss
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.