USDCAD - Trending up, BUT possible correction - Trade Set Up
USDCADUSDCAD has been in strong up trend. 1D shows the uptrend. Correction may be near. MACD & RSI showing bear diversions. CCI doesn't completely correlate.
Trade Plan:
1. High probability it will retest 1.3352. I'll be looking for a short entry.
2. There is also a possibility the correction has already started. I am looking at 4h/1h for trade set ups/short entry in case USDCAD does not retest 1.3352. #2 will be smaller positions and shorter time frame trades.
Appreciate constructive feedback.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.