Hello guys, first analysis that I'd like to post is on USDCAD.
Last week we saw a big rollover on the USD pair, as FED cuts and the NFP trying to trick people: gold seems ready to restart the push higher so here is my idea on UC.
Early last week we saw this pair pushing up to gain some liquidity and finding a resistence on a 50% retrament on a daily basis, and a perfect 78.6% on the real last push down that we had. So going to the 4H chart we see a nice double top in a big zone where we had our manipulations. We have a bullish trendline but the pressure seems to be strong on this pair. What I expect is to see a retest on the liquidity zone, after a confirmation candle I'd like to take the short to the highlighted zone.
Last week we saw a big rollover on the USD pair, as FED cuts and the NFP trying to trick people: gold seems ready to restart the push higher so here is my idea on UC.
Early last week we saw this pair pushing up to gain some liquidity and finding a resistence on a 50% retrament on a daily basis, and a perfect 78.6% on the real last push down that we had. So going to the 4H chart we see a nice double top in a big zone where we had our manipulations. We have a bullish trendline but the pressure seems to be strong on this pair. What I expect is to see a retest on the liquidity zone, after a confirmation candle I'd like to take the short to the highlighted zone.
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.
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.