USDCAD SHORT ANALYSIS
A potential SHORT trade is forming on USDCAD
4-5 Confluences:
1- Daily Trendline retest (in red)
2- Resistance and Psychological level 1.300 (in black)
3- Reversal Candlestick on Daily and H4
4- Daily RSI Divergence
Good Luck !
4-5 Confluences:
1- Daily Trendline retest (in red)
2- Resistance and Psychological level 1.300 (in black)
3- Reversal Candlestick on Daily and H4
4- Daily RSI Divergence
Good Luck !
Note
USDCAD Trigger on Daily chart (Engulfing and Price rejection on h4 resistance in blue and daily trendline in red)
Good Luck !
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