๐ Let's explore the current outlook on USDCAD from two different perspectives.
๐ The major break of a key support level suggests a bearish sentiment in the market. I'm inclined to take a shorter position, and I'm patiently waiting for a retest at 1.3305 for a potential shorting opportunity.
๐ฐ๏ธ However, if you have a different view, on the 4-hourly chart, there is a support level at 1.3268. You can wait for a confirmed candlestick pattern before entering the trade, ensuring a more conservative approach.
Stay tuned for more updates and trading opportunities as we navigate the market together. ๐ผ๐
#USDCADAnalysis #BearishSentiment #ShortingOpportunity #SupportLevel #TradingOpportunities #StayTuned
๐ The major break of a key support level suggests a bearish sentiment in the market. I'm inclined to take a shorter position, and I'm patiently waiting for a retest at 1.3305 for a potential shorting opportunity.
๐ฐ๏ธ However, if you have a different view, on the 4-hourly chart, there is a support level at 1.3268. You can wait for a confirmed candlestick pattern before entering the trade, ensuring a more conservative approach.
Stay tuned for more updates and trading opportunities as we navigate the market together. ๐ผ๐
#USDCADAnalysis #BearishSentiment #ShortingOpportunity #SupportLevel #TradingOpportunities #StayTuned
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim