USDCAD 30min Analysis January 21st, 2021
Price is forming descending triangle pattern which is a good bearish continuation pattern. For us to go short we need to see price break below our key weekly level at 1.2614. We will then wait for a quick retest and for the weekly to flip as resistance. Enter on strong bearish setups.
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.
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.