USDCAD appears to be forming a double top on the daily, rejecting 1.43500. If today’s news gives us a body close below 1.43100 or breaks yesterday’s low, that will confirm my entry for a longer-term swing trade.
Since this is a swing setup, I won’t be looking at anything lower than the 4H for entries. My plan is to enter and hold as long as price respects the bearish momentum.
Since this is a swing setup, I won’t be looking at anything lower than the 4H for entries. My plan is to enter and hold as long as price respects the bearish momentum.
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.