USDCAD - SHORT IDEA
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Here we can see price has been in a nice uptrend.
Price is now at a supply zone which also has another supply zone right above it.
Price has also seemed to fail making a new higher high which could be indication of the uptrend slowing down.
At this point I'm looking for price to drop here and I plan o going short.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
Here we can see price has been in a nice uptrend.
Price is now at a supply zone which also has another supply zone right above it.
Price has also seemed to fail making a new higher high which could be indication of the uptrend slowing down.
At this point I'm looking for price to drop here and I plan o going short.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
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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.
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.