Hello traders today we are looking at #USDCAD, we have broken trend line #1 because of that we will only look for #long positions.
It looks like we are about to either break or bounce of off the break trend-line #2, because of that we will look for any #Long positions. If trend line is broken (daily candlestick) this trade set up will no longer be valid.
If you have any questions please contact us via Private Message or via comment. -Professor
It looks like we are about to either break or bounce of off the break trend-line #2, because of that we will look for any #Long positions. If trend line is broken (daily candlestick) this trade set up will no longer be valid.
If you have any questions please contact us via Private Message or via comment. -Professor
Trade active
Hello Traders, USDCAD is seeing some major consolidation. We have slight bearish divergence on 1H. Look for a break below close below of the range before shorting.
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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.