USDCAD - What to expect on 4hr - FOREX
Updated
Looks like 4hr is trying to close above last leg down to give us the trend reversal signal. Look for closes above the marked texts, then get long on the pull back down. Wait for the pull back. NOT FINANCIAL ADVICE. TRADE SAFE.
Note
Got a nice rejection as it moves down to test lows, will she hold?Note
Holding support for now. Not a bad place to long back up to the top of the range, taking some profits at 1.31009. It wouldn't be crazy to take the long here but I'm going to wait and see if it closes past one of the lines marked. TRADE SAFE!Note
Got some closes below the market text. This thing might be headed down. looks like we a got a pullback all the way to the top of the range and now is attempting to test lows. No position, just watching. Gut says down.
Related publications
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.