USDCAD: Possible sell
Yesterdays daily candle closed as a bearish pinbar rejecting resistance. This indicates that the buyers tried to push the market higher but failed.
I'm waiting for the support zone to break before looking for a sell.
NOTE: The market has been consolidating at resistance indicating a lack of sellers. DXY has also been very bullish and shows no signs of bearish sentiment. If I do take this trade I will use a large stop loss and i'll look to take partial profit as soon as possible.
I'm waiting for the support zone to break before looking for a sell.
NOTE: The market has been consolidating at resistance indicating a lack of sellers. DXY has also been very bullish and shows no signs of bearish sentiment. If I do take this trade I will use a large stop loss and i'll look to take partial profit as soon as possible.
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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.