USDCAD A Fall Expected! SELL!

18. Jan. 2024

My dear subscribers,
My technical analysis for USDCAD is below:
The price is coiling around a solid key level - 1.3507
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell giving a perfect indicators' convergence.
Goal - 1.3405
My Stop Loss - 1.3559

About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK

19. Jan. 2024

Anmerkung

Awesome idea and already in the money!