USD/CAD: Change of the growth divergence in U.S. DollarThe U.S. Dollar fell today as investor see a less optimistic this week and that growth divergence could to reverse moving out of the risk sentiment as China se to lift the its city-wide lockdown to the return of the normal life in Shanghai and that could to help the global-growth of another nations. This it's my fundamental analysis that I found out.
So, technically we see that in H4 chart it's look bearish and I point a possible opportunity to find down 139 pips in this trade at the target profit of $1.2644 CAD. And we see that MACD indicator make confluence in the price that we're going to the sell.
Meanwhile, in Daily chart it's look bearish.
I hope that this analysis support you!!!
Good luck
I show you my trade info in my display to make a trade in this short position
Priceactionanaysis
Potential Shark Forming 🦈🦈NDZUSD - Beautiful .886 Tap on the Daily downtrend pullback, multiple BOS and momentum, looking for PA to follow the direction of this shark and continue to break the DL
Whats your thoughts?
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.