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dbrooks808
Mar 9, 2021 4:41 AM
USD/CAD short
Short
FX:USDCAD
240
U.S. Dollar/Canadian Dollar
FXCM
Description
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Mar 9, 2021 4:41 AM
Huge resistance at 1.268xx, very doubtful that it will break, on top of that a trend line. Not the first time ucad hit the trend line 3 or 4 times before it made its move. Expect it to be a bumpy ride down, but a ride down none the less.
Trend Analysis
Supply and Demand
Fibonacci
Comments
UnknownUnicorn3740956
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Mar 9, 2021 12:17 PM
your analysis is visa-versa,where you placed support is where there is resistance visa-versa
dbrooks808
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Mar 9, 2021 3:29 PM
@Ndivho_Makhuvha, Thanks for letting me know! Haven't drawn up a chart in ages lol. Just getting back into it.
UnknownUnicorn3740956
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Mar 9, 2021 4:04 PM
@dbrooks808
, Haha no sweat, though its a good analysis those two issues were the only concern
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