Thesis:
The name is trending higher on multiple timeframes along with the USD overall
Confirmation:
1. Higher highs and higher lows on Day and Week charts
2. Above Trendline Support
3. Above 8 Day EMA
4. Above 21 Day EMA
Contradictions
1. Below resistence
Trade:
Long $USDCAD
The name is trending higher on multiple timeframes along with the USD overall
Confirmation:
1. Higher highs and higher lows on Day and Week charts
2. Above Trendline Support
3. Above 8 Day EMA
4. Above 21 Day EMA
Contradictions
1. Below resistence
Trade:
Long $USDCAD