USDCAD: Intraday Bearish Outlook Explained 🇺🇸🇨🇦

Short

Dollaro / Dollaro canadese (OANDA:USDCAD)

Aggiornato

OANDA:USDCAD Dollaro / Dollaro canadese

triangle parallelchannel trendline usdcad priceaction priceactiontrading priceactionanalysis priceactiontrader priceactionstrategy containsimage

USDCAD is trading in a falling parallel channel on an hourly time frame.
I also spotted a descending triangle formation within.

The violation of a horizontal neckline of a triangle is a strong intraday bearish confirmation.

The price will most likely keep falling.
Goals: 1.3630 / 1.3615

❤️Please, support my work with like, thank you!❤️

Commento:

After the market reached the first target,
the price bounced and violated a resistance of the channel, invalidating a trading setup

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Idee correlate

about EURGBP 2

about EURUSD 5

about XAUUSD 4

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.