While major pairs are still consolidating, USDCAD is making new lows. Here things seem extremely clear.
- we have a downward trend of D1
- we have a downward trend of H4
- we have a downward trend of H1
- break of support
- engulfing candle of H4
We expect the movement to continue towards the following supports:
1.3144
1.3107
Watch for a break in the trendlines and for initial depletion signals.
To support us, please like and comment.
Everything else is in the signature section!
- we have a downward trend of D1
- we have a downward trend of H4
- we have a downward trend of H1
- break of support
- engulfing candle of H4
We expect the movement to continue towards the following supports:
1.3144
1.3107
Watch for a break in the trendlines and for initial depletion signals.
To support us, please like and comment.
Everything else is in the signature section!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.