USDCAD has been Ranging in higher timeframes.
On lower timeframes, a Bear market predominates.
Price approaching Significant Zone: 1.30900 - 1.31775
Although zone was used previously as support, momentum indicates probable continuation passed this zone onto lower prices - unless proven otherwise by future price movements.
Opinion is currently Neutral (no entry yet) with a Bearish bias.
Looking for appropriate market structure at Zone for entry (shorts).
Aggressively add to position if in profit, with appropriate risk managing and trading psychology.
Avoid adding to position if negative.
On lower timeframes, a Bear market predominates.
Price approaching Significant Zone: 1.30900 - 1.31775
Although zone was used previously as support, momentum indicates probable continuation passed this zone onto lower prices - unless proven otherwise by future price movements.
Opinion is currently Neutral (no entry yet) with a Bearish bias.
Looking for appropriate market structure at Zone for entry (shorts).
Aggressively add to position if in profit, with appropriate risk managing and trading psychology.
Avoid adding to position if negative.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.