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Usdcadshort

#USDC Dominance looks weak, Bullish rally ahead?USDC Dominance:- The index is showing signs of weakness. This might be considered a hint that a rally is coming across the market. Rejection from the upper resistance as well as from the red resistance area has already been retested. Breakout of this pattern is likely in the next few days. IMO, It's safe to position into BTC and Alts unless it breaks and closes above 6.88%. Hit the like button and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:USDC.DShort
by Cryptorphic
4
Next Move On USDCAD?Hello traders! Lets talk about USDCAD . Since August 2021 we can clearly see that we have an ascending channel followed by a repetitive behavior till present. Currently the price touched a rejection point at 1.30759 and broke an ascending channel on the 1H chart signaling a reversal of the price. When the price moved lower, it formed a bearish flag and I executed the trade. Currently the price might be forming a bearish flag for more downside continuation. #THEPRIMES
Short
by alex_k_95
USDCAD Short With 2 Confluences. As we can see the price has been moving in a bullish direction for several days. We are starting to see signs of potential market exhaustion which could signal a potential reversal. There has been a change in market structure from bullish to bearish as we can see from the breakout of the key level. The entry for this trade was at the test of the key level and the target is set around the low of June. Risk reward currently stands at 1 to 5.8. Never risk more than 2% of your account on any single trade. Confluences: 1: Double Top Pattern Formation 2: Key Level Breakout
Short
by NDOBObanks