on week 2 CAD has good power against all pairs.
Also Pattern formation looks like reversal.
Now price is on very tough SR Level, I expect breakout down.
Weekly
Uptrend and reversal.
Daily
Sellers market, price below SR = Short.
4H
Downtrend and pullback.
SHORT
ENTRY 1.33000
TP 1.31000
SL 1.33800
RR 2
Also Pattern formation looks like reversal.
Now price is on very tough SR Level, I expect breakout down.
Weekly
Uptrend and reversal.
Daily
Sellers market, price below SR = Short.
4H
Downtrend and pullback.
SHORT
ENTRY 1.33000
TP 1.31000
SL 1.33800
RR 2
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.