USD/CAD for some downside
Simple chart analysis for this one
- Has reached prior resistance area
- Respecting trendline as showing on the chart
- Buying momentum is slowing down and the bears are starting to come in
- Reversal candlesticks present on the hourly chart
- Stochastic is over bought
I’m entering a sell for this pair
- Has reached prior resistance area
- Respecting trendline as showing on the chart
- Buying momentum is slowing down and the bears are starting to come in
- Reversal candlesticks present on the hourly chart
- Stochastic is over bought
I’m entering a sell for this pair
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.