USD CAD PULL BACK AND REVERSAL POTENTIAL 500 PIPS MOVE
On my H4 perspective of USD CAD, it has broken structure and is now on a pullback phase. Divergence can be seen above RSI 70 level. I expect price will go down to weekly support level and reverse from there. Big moves incoming!
Please check with your own strategy and analysis before executing a trade. Trade safe everyone!
Please check with your own strategy and analysis before executing a trade. Trade safe everyone!
Trade active
Entered short UC at 1.34007
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.