"Top and Bottom Analysis" on USDCAD by ThinkingAntsOk
4H Chart Explanation:
- Price is currently on the top of the Ascending Wedge.
- It has potential to move down towards the bottom of it.
- Bearish Divergence on MACD.
- If price breaks the Wedge and the Ascending Trendline at 1,3326, it has potential to move down towards the Support Zone at 1,3122.
Updates coming soon!
Weekly Vision:
Daily Vision:
- Price is currently on the top of the Ascending Wedge.
- It has potential to move down towards the bottom of it.
- Bearish Divergence on MACD.
- If price breaks the Wedge and the Ascending Trendline at 1,3326, it has potential to move down towards the Support Zone at 1,3122.
Updates coming soon!
Weekly Vision:
Daily Vision:
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.