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USDCAD: Potential Short Trade Explained ๐บ๐ธ๐จ๐ฆ
๋ฏธ๊ตญ ๋ฌ๋ฌ / ์บ๋๋ค ๋ฌ๋ฌ
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USDCAD: Potential Short Trade Explained ๐บ๐ธ๐จ๐ฆ
VasilyTrader์
ํ๋ก์ฐ
ํ๋ก์ฐ
2022๋ 4์ 8์ผ
4
5
19
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2022๋ 4์ 8์ผ
USDCAD is retesting a major broken trend line.
On that, the price is currently consolidating.
To short the pair with a confirmation you need a bearish breakout of 1.2566 - 1.2577 minor support.
Its violation will trigger a bearish continuation.
Goals will be 1.254 / 1.251
If the price breaks the trend line to the upside, the setup will be invalid.
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Multiple Time Frame Analysis
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