Longterm oportunity to short USDCAD. We are in bigger consolidation that we can see on Monthly chart. On weekly we touch upper area of consolidation and now we brake UP trend and currently we are in retracement.
Try to look for enteries for short.
SL: above highest point
TP: above lower band of consolidation (dont be too greedy)
Try to look for enteries for short.
SL: above highest point
TP: above lower band of consolidation (dont be too greedy)
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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.