USDCAD: Sell Set Up #Forex
Traders,
UPDATE: Price broke a sideways support within structure, it has broken out now is a good time to get some downside activity.
Compelling bearish signals at the top of the range at the sideways resistance line shows investors clearly
acknowledged this level as a place for potential downside opportunity. It appears the bulls have been swiped and a new downside agenda is clear. Expecting to see strong lows from this move, with a logical target being the sideways support level, bottom of structure. Crude Oil prices continue to rally, meaning it makes logical sense to consider shorting Canadian dollar crossovers.
Like & comment to motivate me to share more of my ideas.
Thank you for your support.
UPDATE: Price broke a sideways support within structure, it has broken out now is a good time to get some downside activity.
Compelling bearish signals at the top of the range at the sideways resistance line shows investors clearly
acknowledged this level as a place for potential downside opportunity. It appears the bulls have been swiped and a new downside agenda is clear. Expecting to see strong lows from this move, with a logical target being the sideways support level, bottom of structure. Crude Oil prices continue to rally, meaning it makes logical sense to consider shorting Canadian dollar crossovers.
Like & comment to motivate me to share more of my ideas.
Thank you for your support.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.