Thesis:
The name is trending higher on multiple timeframes along with the USD overall
Confirmation:
1. Higher highs and higher lows on Day and Week charts
2. Above Trendline Support
3. Above 8 Day EMA
4. Above 21 Day EMA
Contradictions
1. Below resistence
Trade:
Long
USDCAD
The name is trending higher on multiple timeframes along with the USD overall
Confirmation:
1. Higher highs and higher lows on Day and Week charts
2. Above Trendline Support
3. Above 8 Day EMA
4. Above 21 Day EMA
Contradictions
1. Below resistence
Trade:
Long
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.