USDCAD H1 SHORT OPPORTUNITY - DOUBLE TOP PATTERN
Hey traders,
THis is my analysis on the USDCAD for the H1.
We can see a double top formation on the H1 charts.
Price has broken through the neckline and retested.
The neckline is also a S/R if we look at the left of the chart.
RIsk to Reward: 2
MACD also has bearish signs on the H4 with a cross.
An engulfing candle of the 2 previous bars shows bears coming in.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
Tiktok: Forexshinobi
ForexShinobi
THis is my analysis on the USDCAD for the H1.
We can see a double top formation on the H1 charts.
Price has broken through the neckline and retested.
The neckline is also a S/R if we look at the left of the chart.
RIsk to Reward: 2
MACD also has bearish signs on the H4 with a cross.
An engulfing candle of the 2 previous bars shows bears coming in.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
Tiktok: Forexshinobi
ForexShinobi
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.