Time for USDCAD to fall after days of retesting?
PAIR IN FOCUS: USDCAD
ACTION: SHORT
After many days of retesting 1.32850 to 1.33000 range, price has shown a hint of bearish momentum by printing a bearish engulfing candle on the Daily charting.
My previous bearish bias still stands for USDCAD.
If TP 2 has been reached, we can observe for price to possibly play out a larger scale bearish trade.
The TP Zones and Stop Loss level have been slightly adjusted from my previous analysis on this pair.
ACTION: SHORT
After many days of retesting 1.32850 to 1.33000 range, price has shown a hint of bearish momentum by printing a bearish engulfing candle on the Daily charting.
My previous bearish bias still stands for USDCAD.
If TP 2 has been reached, we can observe for price to possibly play out a larger scale bearish trade.
The TP Zones and Stop Loss level have been slightly adjusted from my previous analysis on this pair.
İşlem kapandı: durdurma seviyesi
Stop reached - falling oil prices weakened the CAD and therefore this pair rocketed.
İlgili yayınlar
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.
İlgili yayınlar
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.