USDCAD - 240 - Getting ready.

54
The pair is coiling up on 4h chart and getting ready to make a move.

It looks like it would like to break to the downside, because it drawing a bearish flag. Especially visible on the 4h and 1h charts.
But always remember, that the market likes to surprise everyone.

I recommend to wait for a break to one of the sides, wait for a close of the 1h candle outside of the triangle and then enter a position.

I believe that this could be a good trade, so keep an eye on the price action!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.