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U.S. Dollar / Canadian Dollar
Short

POTENTIAL SHORT TRADE SET UP FOR USDCAD

37

The price is at the top of a multi year resistance and a descending channel on the HTF.

Only the LTF, we have the price at the top of an expanding structure with an impulsive breakout to the downside. I am expecting the bearish continuation once the price is out of the corrective structure.
TJFortunate
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
TJFortunate
Also on:

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.