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USDCAD Short Term Sell Idea
U.S. Dollar / Canadian Dollar
Short
USDCAD Short Term Sell Idea
By VladimirRibakov
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Oct 5, 2021
2
2
2
Oct 5, 2021
D1 - After the strong bullish move currently it looks like a correction is happening.
We have the first leg down followed by a pullback, currently it looks like the second leg is developing.
Expecting the price to continue lower further in the short term.
H4 - The price which is moving inside a range has currently reached the middle of it after bouncing from the top.
Basically I expect the price to continue lower further after pullbacks towards the strong support zone.
Bearish Patterns
Multiple Time Frame Analysis
pullback
range
SELL
support
Support and Resistance
Trend Analysis
USDCAD
VladimirRibakov
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