USDCAD is trading inside a Triangle with the price rising after it last hit the pattern's bottom (Rising Support).
It has failed to close over Fibonacci 0.618 on six straight days.
This failure is a technical sign of trend weakness, very much alike the struggle on Fibonacci 0.618 last December.
Sell and target the Rising Support again at 1.33550.
Previous chart:
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It has failed to close over Fibonacci 0.618 on six straight days.
This failure is a technical sign of trend weakness, very much alike the struggle on Fibonacci 0.618 last December.
Sell and target the Rising Support again at 1.33550.
Previous chart:
Follow us, like the idea and leave a comment below!!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.