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Sunday, April 11, 2021

USDCAD Analysis April 11, 2021

USDCAD Analysis April 11, 2021

On the weekly timeframe we are clearly in a downtrend as we have broken support and retested successfully as resistance with an evening start formation

snapshot
Down to the daily timeframe is looks like we could be completing the formation of a LH point. Last week closed extremely bearish and I will wait for a retest before shorting this pair.
Down to the H4 timeframe we have a perfect area to look for shorts from. I will wait for a retest of this area before pulling the trigger!

from Trading Ideas https://ift.tt/3tn2F9H
via gqrds

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