Hello Everyone!
How are you all?
UsdCad is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. Strong Rejection of the AOI and Sell Impulse move.
2. The price has formed a sell structure in the form of HnS.
3. The price is approaching the value area on the LTF.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High.
Entry : will look for a risk sell entry within the flag.
How are you all?
UsdCad is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. Strong Rejection of the AOI and Sell Impulse move.
2. The price has formed a sell structure in the form of HnS.
3. The price is approaching the value area on the LTF.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High.
Entry : will look for a risk sell entry within the flag.
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.