USDCAD - Which Factors give Pressure to the market?

4 May 2020

Hi Traders!

The market is clearly in a downtrend.
It is making lower highs and breakinf structure to the downside.

We here have four pressure factors:

• The first pressure comes from the Resistance,
  
• the second Resistance is the Trendline,
  
• the next important thing is that the market is in an overall downtrend and
  
• the last thing is the 200MA.
  

The entry trigger is the break of the Trendline.
We recommend to wait for a retest!



Thanks and successful Trading :)!

4 May 2020

Not

Hey Traders! The exclusive RED BOX for you, but in BIG:

5 May 2020

İşlem aktif

Hey Followers!
Now we're confirmed.

As you can see we had a Breakout and a Retest:



Have a nice day :)