USDCAD POTENTIAL LONG OPPORTUNITY
Hello Everyone!
How are you all?
UsdCad is a pair to watch this week, because it is shaping up very nicely for a sell trend continuation that we can capitalize on.
So, I will be looking for a sell continuation because of the following reasons:
1. The trend is bearish.
2. The price has formed a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.
How are you all?
UsdCad is a pair to watch this week, because it is shaping up very nicely for a sell trend continuation that we can capitalize on.
So, I will be looking for a sell continuation because of the following reasons:
1. The trend is bearish.
2. The price has formed a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.
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.