USDCAD WEEKLY LOOKING BEARISH
USDCAD weekly chart
A setup like this doesn't happen often, so when it does I take advantage of it.
Bearish Evidence:
1. Price breaks long term trendline supp (now ress)
2. Price pulls back to value and creates two high test candlestick patterns
3. Price rejects 50 ema
4. Price rejects weekly / daily ress @ 1.277
I'm expecting price to reach over the coming weeks / months to reach structure support around 1.22350.
Signed, Pablo Santander
Swing Trader
A setup like this doesn't happen often, so when it does I take advantage of it.
Bearish Evidence:
1. Price breaks long term trendline supp (now ress)
2. Price pulls back to value and creates two high test candlestick patterns
3. Price rejects 50 ema
4. Price rejects weekly / daily ress @ 1.277
I'm expecting price to reach over the coming weeks / months to reach structure support around 1.22350.
Signed, Pablo Santander
Swing Trader
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.