Time to short usdcad after long impulse exhaustion
I publish this graphics some months ago, predicting the +500 pips rush after the triangle break.
Now in this episode the price is exhausted and is crashing to a good long term resistance.
Strong enough to stop the price and reverse.
Now in a 4h we have a good short gap after 1.10 touch. So is a good representation of the sellers.
Time to go short :) at least 250 pips (50%) but im not full sure about if we can go more or less.
Need more ideas :P
Now in this episode the price is exhausted and is crashing to a good long term resistance.
Strong enough to stop the price and reverse.
Now in a 4h we have a good short gap after 1.10 touch. So is a good representation of the sellers.
Time to go short :) at least 250 pips (50%) but im not full sure about if we can go more or less.
Need more ideas :P
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.