USDCAD - Short form 1.33270
USDCAD
Hello everyone!
Today I made a quite ordinary analysis on USDCAD.
I think that we are in a small correction to the downtrend, so it means we will find a new resistance zone and go down as tendency tell us.
I predict this resistance zone will be at 1.33270 - 1.33500, so i put my order(sell limit) on this levels.
Factors
1. Inside Trend Line(second touch)
2. Strong resistance level (on historical data)
3. Strong sell-interest zone
4. Confirmation PA pattern(?)
Trade safe, be patience!
Hello everyone!
Today I made a quite ordinary analysis on USDCAD.
I think that we are in a small correction to the downtrend, so it means we will find a new resistance zone and go down as tendency tell us.
I predict this resistance zone will be at 1.33270 - 1.33500, so i put my order(sell limit) on this levels.
Factors
1. Inside Trend Line(second touch)
2. Strong resistance level (on historical data)
3. Strong sell-interest zone
4. Confirmation PA pattern(?)
Trade safe, be patience!
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