UnknownUnicorn3740956

SELL USD/CAD LONG-TERM TRADE IDEA

Singkat
OANDA:USDCAD   Dolar A.S. / Dolar Kanada
After USDCAD has been moving in a downtrend, it has paused a bit to retrace to a resistance which touched the trendline and a major level which it was resisting for quite a long time, I am looking forward to selling this currency pair on Monday for a long term trade but I will first have to wait for a good price on lower time-frames...But overall I think it's still continuing with its Bearish trend

  • The MACD supports this
  • The resistance level
  • The Bearish/Downtrend movement
  • The last closing candle on the resistance was a 1D bearish candle, a Bearish pin-bar

anyways we never know where the market will head on Monday but all the best if you decide to take this trade
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.