USD/CAD Long/Short ideas
Top Down Approach:
Identified the weekly key resistance @ 1.33245
Price currently sat on strong support level,
if it breaks look for a retest or exhaustion and note the 4hr lower high potential
ideally wait for the lower high to be passed then find a long opportunity on the retest
note price could reject this support level and swing down for retest on weekly channel
Identified the weekly key resistance @ 1.33245
Price currently sat on strong support level,
if it breaks look for a retest or exhaustion and note the 4hr lower high potential
ideally wait for the lower high to be passed then find a long opportunity on the retest
note price could reject this support level and swing down for retest on weekly channel
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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.