USDCAD has been on a downtrend on higher timeframes.
Current market structure appears to be finally moving to the upside. 1 Hour has stopped making a new low and has broke structure to the upside. Lower timeframes are in a countertrend moving towards our buy position.
If price breaks below current low, trades cancelled and we wait for next opportunity.
Higher timeframes bearish
Lower timeframes bullish
Buy to Sell, trade with the trend.
Current market structure appears to be finally moving to the upside. 1 Hour has stopped making a new low and has broke structure to the upside. Lower timeframes are in a countertrend moving towards our buy position.
If price breaks below current low, trades cancelled and we wait for next opportunity.
Higher timeframes bearish
Lower timeframes bullish
Buy to Sell, trade with the trend.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.