USDCAD HAS BEGAN ITS DESCENT. SELL
I have been watching USDCAD for a while now and it has finally broken a level of resistance it previously rejected three times. This is an indication that the bears are finally in control.
Other confluence comes from a bearish candle has closed below the 200 EMA and increasing smart money participation.
Target 1:3 RR.
Good luck.
Other confluence comes from a bearish candle has closed below the 200 EMA and increasing smart money participation.
Target 1:3 RR.
Good luck.
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.