USDCAD POTENTIAL SHORT OPPORTUNITY 1W&1D CHARTS
USDCAD POTENTIAL SHORT
WHEN TAKING A LOOK AT THIS PAIR IT IS STARTING TO CLEARLY DISPLAY STRONG SELLER INTEREST WITH HIGHER PROBABILITY TO MOVE TO THE DOWNSIDE. ON THE WEEKLY TIMEFRAME IF YOU LOOK TO THE LEFT THERE WAS A STRONG SELLER PUSH THAT WAS VERY SIGNIFICANT. THE MOVE TO THE UPSIDE FOLLOWING WAS A LOT WEAKER THAN THAT INITIAL SELLER MOVE, SHOWING ME THE SELLER COULD STILL BE IN CONTROL. RECENTLY SEEING THE STRONG SELLER INTEREST AS WELL AS LOWER HIGHS FORMING THAT IS CLEARLY DISPLAYING THEY STILL HAVE INTEREST AT SELLING AT THESE LEVELS. STRONG SELLER MOMENTUM HAS KICKED IN ON THE DAILY AND EVEN STARTING ON THE WEEKLY CHART AS WELL. LETS TAKE A LOOK!
1D CHART:
* ON THIS TIMEFRAME YOU CAN SEE LOWER HIGHS STARTING TO FORM
*STRONG SELLER MOMENTUM HOLDING PRICE AT LOWER HIGHS
*LOWER LOWS STARTING TO FORM AS WELL
4H CHART:
*VERY STRONG SELLER MOMENTUM
*LOWER CLOSES HAPPENING ON 4H CANDLES AND DATA
*USE THIS TIMEFRAME FOR MORE PRECISE ENTRY/EXIT POINTS
REMEMBER TO ALWAYS USE PROPER RISK MANAGEMENT WHEN TRADING IN THE MARKETS. WE AREN'T HERE TO MOVE THE MARKET, BUT TRADE ALONG WITH THOSE THAT DO. CHEERS!
WHEN TAKING A LOOK AT THIS PAIR IT IS STARTING TO CLEARLY DISPLAY STRONG SELLER INTEREST WITH HIGHER PROBABILITY TO MOVE TO THE DOWNSIDE. ON THE WEEKLY TIMEFRAME IF YOU LOOK TO THE LEFT THERE WAS A STRONG SELLER PUSH THAT WAS VERY SIGNIFICANT. THE MOVE TO THE UPSIDE FOLLOWING WAS A LOT WEAKER THAN THAT INITIAL SELLER MOVE, SHOWING ME THE SELLER COULD STILL BE IN CONTROL. RECENTLY SEEING THE STRONG SELLER INTEREST AS WELL AS LOWER HIGHS FORMING THAT IS CLEARLY DISPLAYING THEY STILL HAVE INTEREST AT SELLING AT THESE LEVELS. STRONG SELLER MOMENTUM HAS KICKED IN ON THE DAILY AND EVEN STARTING ON THE WEEKLY CHART AS WELL. LETS TAKE A LOOK!
1D CHART:
* ON THIS TIMEFRAME YOU CAN SEE LOWER HIGHS STARTING TO FORM
*STRONG SELLER MOMENTUM HOLDING PRICE AT LOWER HIGHS
*LOWER LOWS STARTING TO FORM AS WELL
4H CHART:
*VERY STRONG SELLER MOMENTUM
*LOWER CLOSES HAPPENING ON 4H CANDLES AND DATA
*USE THIS TIMEFRAME FOR MORE PRECISE ENTRY/EXIT POINTS
REMEMBER TO ALWAYS USE PROPER RISK MANAGEMENT WHEN TRADING IN THE MARKETS. WE AREN'T HERE TO MOVE THE MARKET, BUT TRADE ALONG WITH THOSE THAT DO. CHEERS!