Hi traders:
USDCAD looks very good for short opportunities. Higher time frame analysis is short in the long run.
We see USDCAD has a strong bearish move since end of May, and a larger continuation correction has formed, giving us extra confluence for a bearish momentum.
Price failed to break higher than the recent double tops, and formed a small correction before the short drop.
We can now expect the price to form continuation correction here and sell to the recent lows.
I will wait for this smaller correction on the lower time frame to complete before enter.
Thank you
USDCAD looks very good for short opportunities. Higher time frame analysis is short in the long run.
We see USDCAD has a strong bearish move since end of May, and a larger continuation correction has formed, giving us extra confluence for a bearish momentum.
Price failed to break higher than the recent double tops, and formed a small correction before the short drop.
We can now expect the price to form continuation correction here and sell to the recent lows.
I will wait for this smaller correction on the lower time frame to complete before enter.
Thank you
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
