USDCAD High probability Sell
Hi Traders,
USDCAD is setting up for a sell opportunity. Looking at the HTF we can see that price made an strong impulse push down followed by a bearish correction to indicate another impulse is likely to occur. We can also see a bearish H&S pattern to add confluence to this trade opportunity. Looking on the LTF we can see price failed to push any higher and created another H&S pattern inside the HTF to tell us further downside may happen.
Trade Safe
Thanks.
USDCAD is setting up for a sell opportunity. Looking at the HTF we can see that price made an strong impulse push down followed by a bearish correction to indicate another impulse is likely to occur. We can also see a bearish H&S pattern to add confluence to this trade opportunity. Looking on the LTF we can see price failed to push any higher and created another H&S pattern inside the HTF to tell us further downside may happen.
Trade Safe
Thanks.
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.