USDCAD - SHORT IDEA
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Here we can see price has been in a nice uptrend.
Price is now at a supply zone which also has another supply zone right above it.
Price has also seemed to fail making a new higher high which could be indication of the uptrend slowing down.
At this point I'm looking for price to drop here and I plan o going short.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
Here we can see price has been in a nice uptrend.
Price is now at a supply zone which also has another supply zone right above it.
Price has also seemed to fail making a new higher high which could be indication of the uptrend slowing down.
At this point I'm looking for price to drop here and I plan o going short.
COMMENT what you guys think!
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
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