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USDCAD: Intraday Bearish Outlook Explained 🇺🇸🇨🇦
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USDCAD: Intraday Bearish Outlook Explained 🇺🇸🇨🇦
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2023年11月7日
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2023年11月6日
https://www.tradingview.com/x/4sEqXSrI/
USDCAD is trading in a falling parallel channel on an hourly time frame.
I also spotted a descending triangle formation within.
The violation of a horizontal neckline of a triangle is a strong intraday bearish confirmation.
The price will most likely keep falling.
Goals: 1.3630 / 1.3615
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2023年11月7日
注释
After the market reached the first target,
the price bounced and violated a resistance of the channel, invalidating a trading setup
Parallel Channel
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priceactionanalysis
priceactionstrategy
priceactiontrader
priceactiontrading
Trend Lines
Triangle
USDCAD
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