TheTradersAvenue

USDCAD > Possible Accumulation Zone!!

Long
TheTradersAvenue Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Analysis on #USDCAD

Hello friends.

This was a fantastic downtrend and that seems to be bottoming near 2017 low, I expected this one of my posts I will leave the line below this one.

Now I see the market bottoming here and might be attempting to break to the upside, it is still early to confirm that his an accumulation zone but it has a high chance of being a zone where big money will start getting out of their short.

let us watch for a breakout and close above the zone and only then start looking for a buy.


Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated

Check today analysis below⠀

>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”


____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Comment:
Previous post when i expected CAD to go to and test 2017 low


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.