USDCAD SELL SELL SELL IDEA
PRICE REACHED A MAJOR DAILY RESISTANCE WHERE THERE PRICE SHOWED SOME REJECTION. WE CAN SEE IN 4H TIME FRAME, THAT THE PRICE IS LETTING A COUPLE OF SPIKES, THIS MEANS THAT SHORT PEOPLE COULD BE TAKING POSITIONS TO IMPULSE THE PRICE DOWN. NOW WHAT WE NEED TO DO IS TO WAIT FOR THE CLOSURE OF THE 4H CANDLE, ALSO WE NEED THAT THE PRICE BREAKS BELOW THE HORIZONTAL LINE PLOTTED IN ORDER TO BEGIN TO LOOK FOR SHORT POSITIONS.
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.