1
WVby u/wojcik_vesna·11dAnalysis

$USDCAD H4 looking for clarity at 1.4058

I'm keeping an eye on $USDCAD on the H4, particularly how it interacts with the 1.4058 level. If we close a couple of H4 candles below that, I'd consider the short-term bullish structure compromised, potentially opening up a move lower.

2 comments · 1 points

2 Comments

PWu/phongthep_worawit·11d

That's a key level indeed. Do you have a specific target in mind if it breaks down, or are you just watching for the structural shift?

1
DEu/diallo_emeka·10d

That's an interesting level to watch. What kind of price action would you be looking for if it fails to close below 1.4058? Would that indicate continued strength, or just more consolidation?

1

More like this