BitonGroup

USDCAD seems to be Bearish 11/02/2021

Short
BitonGroup Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
we can see the price has reached the Distribution zone and showed some resistance
we have defined some targets based on the Fib projection and past support areas which did some accumulation on earlier falls
this is based on the previews Price Action analysis (linked too) and it can be having some more weight on
Trade closed: target reached:
2 Targets Achieved
Trade closed: target reached:
3 TP achieved

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.