USDCAD- LONG & SHORT PLANs Based on sentiments and charting patt
There are two Trade Plans;
LONG : If the neck line is broken, we can go for buy opportunity
Evidences: AB=CD pattern , Formation of Cup and Handle pattern
SHORT : Due sentiments and formation of bearish divergence on 4h time frame rejection candle (Shooting star) on strong 1h time frame. if the support is broken, we can look for sell opportunity.
LONG : If the neck line is broken, we can go for buy opportunity
Evidences: AB=CD pattern , Formation of Cup and Handle pattern
SHORT : Due sentiments and formation of bearish divergence on 4h time frame rejection candle (Shooting star) on strong 1h time frame. if the support is broken, we can look for sell opportunity.
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