Hi traders:
Here we have a potential sell setup developing on USDCAD. As we look at the 4 hr chart forming another potential bearish flag pattern, could see a break out down to the lows of 1.3000.
On the higher time frames we can see similar price action forming. Daily chart is also dropping and forming some consolidations before the next bearish move to the down side.
Thank you for your support and feedback.
Here we have a potential sell setup developing on USDCAD. As we look at the 4 hr chart forming another potential bearish flag pattern, could see a break out down to the lows of 1.3000.
On the higher time frames we can see similar price action forming. Daily chart is also dropping and forming some consolidations before the next bearish move to the down side.
Thank you for your support and feedback.
Nota
Here is the daily chart:Wait for the price action to have a clear breakout before entering. We can see some more consolidations on the intraday charts before the move down.
Nota
Entered at breakout.Dagangan ditutup: sasaran tercapai
TP 2 hit for 3.67% profit!
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.