⚡️🔥 USD/CAD SHORT OPPORTUNITY FOR THIS COMING WEEK ⌛️ = 💰
Hello all, after market closure I decided to analyze my pairs for the coming week so that I wouldn't have to do it Sunday.
Here is USD/CAD
On the bigger picture (4hr) it looks like price is in a sideways channel, that has formulated a descending triangle. So S&R will be easy to find so that locating trade opportunities will be simple.
Price closed below at the bottom of the zone @ 1.35455..
We could expect more momentum to breakout and retest the same zone. After retesting we catch the short and ride the trend down to familiar support levels @ 1.35055... & 1.34800
Please share your thoughts, please like and share for more traffic. Thank you and Good Luck.
Here is USD/CAD
On the bigger picture (4hr) it looks like price is in a sideways channel, that has formulated a descending triangle. So S&R will be easy to find so that locating trade opportunities will be simple.
Price closed below at the bottom of the zone @ 1.35455..
We could expect more momentum to breakout and retest the same zone. After retesting we catch the short and ride the trend down to familiar support levels @ 1.35055... & 1.34800
Please share your thoughts, please like and share for more traffic. Thank you and Good Luck.
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