Big Move Towards The Downside
Fellow Traders,
USDCAD is in a big Supply zone, if we can see a 1 hour candle close below the 1.37836 level. I will look for entries towards the downside. A close below that level confirms for me the downtrend. We have big news coming out today that could help with that 1 hour candle close, I would not touch this until we have that 1 hour candle close formation.
Updates will follow.
As always stay safe and use proper risk management.
USDCAD is in a big Supply zone, if we can see a 1 hour candle close below the 1.37836 level. I will look for entries towards the downside. A close below that level confirms for me the downtrend. We have big news coming out today that could help with that 1 hour candle close, I would not touch this until we have that 1 hour candle close formation.
Updates will follow.
As always stay safe and use proper risk management.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.