USD/CAD long bullish view
Foreword and introduction -
Disclaimer: this is not a financial advise, however use any utility you might find in my chart idea, to resolve optimise your trading/investing strategies.
Used material:
From a technical point of view:
Different Chart analysis patterns might be consider on a longer and shorter time frame. However based on my assumptions and technical capacity, a possible flag is in or is creation. Which might indicate that the trend will reversal against the main trend which is a bearish one.
From a fundamental point of view:
We hope for straight gains in the world first Economy (considered) United States of America. Which by end this year will hopefully fully reopen and continue his promises to strength the economy. If any unexpected situation would again reduce it potential economical reopening, we might see the opposite trend occur.
1st trade of the day, I hope you guys enjoy the idea, more to come today and this week, on Cryptocurrencies, so like, follow and see you later.
Kevin C. Best
Disclaimer: this is not a financial advise, however use any utility you might find in my chart idea, to resolve optimise your trading/investing strategies.
Used material:
- RSI STOCH
- STOCH
- MAs 100 & 200
From a technical point of view:
Different Chart analysis patterns might be consider on a longer and shorter time frame. However based on my assumptions and technical capacity, a possible flag is in or is creation. Which might indicate that the trend will reversal against the main trend which is a bearish one.
From a fundamental point of view:
We hope for straight gains in the world first Economy (considered) United States of America. Which by end this year will hopefully fully reopen and continue his promises to strength the economy. If any unexpected situation would again reduce it potential economical reopening, we might see the opposite trend occur.
1st trade of the day, I hope you guys enjoy the idea, more to come today and this week, on Cryptocurrencies, so like, follow and see you later.
Kevin C. Best
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.