WHAT I'M LOOKING AT
After ending the week with a lower low & a lower close below a recent level of structure support, I'm predicting a potential bearish trend continuation opportunity here on the $USDCAD.
MY PREDICTION
If this prediction is correct I would expect a move down to the $1.35 psychological level (or right around it) as we have a confluence from both our Fibonacci extension & a spike in horizontal volume.
HOW TO GET INVOLVED
To get involved in this move I'll be looking for a a potential retracement/pullback followed by a clear sign of reversal. The 2 price levels that I have on my radar are $1.3750's & $1.3800's
If you have any questions, comments, or just want to share your views, please do so below!
Akil
After ending the week with a lower low & a lower close below a recent level of structure support, I'm predicting a potential bearish trend continuation opportunity here on the $USDCAD.
MY PREDICTION
If this prediction is correct I would expect a move down to the $1.35 psychological level (or right around it) as we have a confluence from both our Fibonacci extension & a spike in horizontal volume.
HOW TO GET INVOLVED
To get involved in this move I'll be looking for a a potential retracement/pullback followed by a clear sign of reversal. The 2 price levels that I have on my radar are $1.3750's & $1.3800's
If you have any questions, comments, or just want to share your views, please do so below!
Akil
Learn About Our Courses, Community & Coaching at
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Learn About Our Courses, Community & Coaching at
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.