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U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD: Top-Down Analysis & Bearish Setup 🇺🇸🇨🇦

1 168
snapshot

Hey traders,

USDCAD is approaching a major falling trend line on a weekly time frame.
After the market opening, the price formed a double top formation on hourly time frame.
Then its neckline was broken.

I believe that soon the price may drop lower.

Intraday goals:
1.268
1.2645

❤️Please, support this idea with like and comment!❤️
Note
Check my new analysis on WTI OIL, GBPUSD, USDJPY, SILVER:
MarketBreakdown | WTI OIL, GBPUSD, USDJPY, SILVER
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Also on:
canadiandollardollarDouble Top or BottomforecastMultiple Time Frame AnalysisTechnical AnalysistradingTrend LinesUSDUSDCADDJ FXCM Index

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canadiandollardollarDouble Top or BottomforecastMultiple Time Frame AnalysisTechnical AnalysistradingTrend LinesUSDUSDCADDJ FXCM Index
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

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.