USDCAD looking ready to switch downward, If price extends into the Blue zone i might look for an entry on the 15 Minute chart, Overall I will be watching for a short on a pull back near the purple ema (50)
MACD is set to represent the trend of a timeframe that is 6x higher, in this case it would be the 6HR chart trend it is showing
MACD is set to represent the trend of a timeframe that is 6x higher, in this case it would be the 6HR chart trend it is showing
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Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
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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.