USDCAD > Higher Time Frame Analysis!!

2020년 12월 2일

Analysis of #USDCAD


Hello friends,

here we have is my view on USDCAD higher time frame

As we can see the market has unable to bounce off the structure and keep hitting the structure level, and you know what will happen if you keep knocking on the same door eventually it will open.

you know this is somewhat an oil trade and oil been falling good lately and expected this rally to continue, also my overall view on DXY is bearish, the why this pair represents a perfect candidate to short USD and buy CAD "oil"

but you know, I need a reason that meets my rules to enter short.

I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis

Really appreciate your support and feedback
Check today analysis below⠀


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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You