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Sunday, July 25, 2021

USDCAD Analysis July 25, 2021

USDCAD Analysis July 25, 2021

On the weekly timeframe last week formed a spinning top candle with a large wick to the upside. I will be looking for short opportunities this week.

snapshot
On the h4 timeframe I will be waiting for price to break the level of support at 1.25650 before looking for short opportunities. Right now price is consolidating and forming a bearish rectangle pattern so a continuation is imminent
snapshot


from TradingView Ideas https://ift.tt/3BC8nsC
via gqrds

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