USDCAD - Short active ✅

Hello traders!
‼️ This is my perspective on USDCAD.

Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as we can see that price rejected from half of imbalance + 1H breaker block.

Fundamental analysis: Tomorrow we have news on CAD, will be released monthly GDP, which is forecasted to increase, this means strength in currency.

Like, comment and subscribe to be in touch with my content!
Chart PatternsFundamental AnalysisTrend AnalysisUSDCADusdcadanalysisusdcadforecastusdcadlongusdcadsellusdcadshort

❗️Check out my telegram channel with premium content.
t.me/Snick3rSD1

🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5

💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
Also on:

Related publications

Disclaimer