If you had read last week's analysis, you would know I've been waiting for a buying opportunity on Major Support.
Now that the Support has broken, I'll be waiting for a shorting opportunity, and what is needed is a retest of previous support(1.3305), which turns resistant.
A better way for me to engage the shorting opportunity is to wait for the Bearish Shark Pattern that completes at 1.3321.
What's your trade plan for the USDCAD?
Now that the Support has broken, I'll be waiting for a shorting opportunity, and what is needed is a retest of previous support(1.3305), which turns resistant.
A better way for me to engage the shorting opportunity is to wait for the Bearish Shark Pattern that completes at 1.3321.
What's your trade plan for the USDCAD?
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Related publications
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.