USDCAD BEARS TO TAKE OVER
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
USDCAD Bearish reversal formed!
As we can see price approached a massive resistance zone, where we will be looking for new bearish movements.
Meanwhile, from a shorter-term perspective, Price is still overall bullish making new highs and higher lows,
And for the bears to kick in we need a momentum candle close below our major swing low, then a movement lower would be expected.
And as usual 1-2 risk to reward ratio, from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
USDCAD Bearish reversal formed!
As we can see price approached a massive resistance zone, where we will be looking for new bearish movements.
Meanwhile, from a shorter-term perspective, Price is still overall bullish making new highs and higher lows,
And for the bears to kick in we need a momentum candle close below our major swing low, then a movement lower would be expected.
And as usual 1-2 risk to reward ratio, from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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