Get started
U.S. Dollar / Canadian Dollar
Short

USDCAD Possible shorting scenario

By Tradeforpipsfx
Hello Traders, here's how I'm watching this pair for a possible downside move. Recently on this pair, we've seen an Head and Shoulder pattern formed and then there have been a correction to the golden fib ratio 61.8% currently I'd be looking forward to downtrend continuation pattern on the H1, H2 or H4 timeframe.
We stay reactive nonetheless.
Chart PatternsFundamental AnalysispriceactionanalysisTrend AnalysisUSDCADusdcadshortwaveanalyis
Tradeforpipsfx
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.