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YertuntsTrader

USDCAD ! Trading in descending channel, short trade idea.📉

Short
Dollaro / Dollaro canadese (FX:USDCAD)  
YertuntsTrader Aggiornato   
FX:USDCAD   Dollaro / Dollaro canadese
Trend Analysis Chart Patterns Technical Indicators USDCAD usdcadshort usdcadlong usdcadforecast usdcadanalysis DXY supportandresistancezones priceactionanalysis Trend Line Break
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trendanalysis chartpattern indicator usdcad usdcadshort usdcadlong usdcadforecast usdcadanalysis dxy supportandresistancezones priceactionanalysis trendlinebreak
USDCAD ended yesterday with a strong rejection after checking the level of 1.37460. Currently, opening a short trade is high risk because trading is at the support level. We need to wait make a lower high again, you should enter short trade / wait for bearish action price/. If USDCAD can make a new lower low, it's expected to down.
Trade chiuso: obiettivo raggiunto:

Idee correlate

YertuntsTrader
USDCAD ! It looks like a Head and shoulders pattern, short idea
YertuntsTrader
USDCAD ! Broke resistance zone, Long trade idea.
YertuntsTrader
USDCAD ! Bullish momentum expected to continue
YertuntsTrader
USDCAD ! Broke through Support Zone, time to short
YertuntsTrader
USDCAD short trade idea back to 1.21
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