USDCAD DAILY ANALYSIS - DOWN TREND CONTINUES
Hey traders,
As mentioned in a previous idea we had a clear sign of reversal with the tweezer top/pin bar signal at the trend line.
Today was another victory for the bears as they managed to push price down for a strong 20 pip close.
I am still bearish on the USDCAD for the next week or two unless something changes.
Weekly pinbar is still relevant and that is reinforcing the bearish momentum I expect this week.
Previous analysis:
Weekly pinbar:
As mentioned in a previous idea we had a clear sign of reversal with the tweezer top/pin bar signal at the trend line.
Today was another victory for the bears as they managed to push price down for a strong 20 pip close.
I am still bearish on the USDCAD for the next week or two unless something changes.
Weekly pinbar is still relevant and that is reinforcing the bearish momentum I expect this week.
Previous analysis:
Weekly pinbar:
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.