USDCAD Short Position Idea
USDCAD has formed a new LH on the 4H timeframe with double top & bearish Divergence on the 1H timeframe which is a clear bearish indication,
which means it's time for the downward move to make LL.
Bearish Signals:
Strong Resistance at 1.36945 Level
Strong Bearish Divergence on 1H TF
Break of structure on shorter TF
which means it's time for the downward move to make LL.
Bearish Signals:
Strong Resistance at 1.36945 Level
Strong Bearish Divergence on 1H TF
Break of structure on shorter TF
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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.