TheTradersAvenue

USDCAD > Reached a Resistance Level!!! Can We Sell?

שורט
OANDA:USDCAD   דולר אמריקאי / דולר קנדי
Analysis of #USDCAD

as we know this pair relate to oil very much and been in a sideways movement for a while now.

we see the price reached a good resistance level and could see some reaction down from here.

I like selling dollar here but am hesitant to do so, because of the way it formed and that it could turn to head and shoulder.


Say thanks by liking this idea if it's helpful to you.🙌⠀

check today analysis below⠀
_________________________________________________________________________________________________________⠀


-DISCLAIMER: This information is not a recommendation to buy or sell. it is to be used for educational purposes only

⚠ please note the ideas is valid only if it happened as i said above

-Before trading my ideas please make your own analysis.⠀

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.