{"id":120727,"date":"2018-02-01T10:30:06","date_gmt":"2018-02-01T15:30:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=120727"},"modified":"2018-06-01T15:43:46","modified_gmt":"2018-06-01T15:43:46","slug":"usd-cad-is-bearish-below-the-trend-line","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/02\/usd-cad-is-bearish-below-the-trend-line\/","title":{"rendered":"USD\/CAD is Bearish Below the Trend Line"},"content":{"rendered":"
February 1, 2018<\/div>
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By Admiral Markets<\/b><\/p>\n

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Source: Admiral Markets MT5<\/a><\/p>\n

The USD\/CAD is showing signs of rejection below the trend line and below the D H1 camarilla but in order to see further bearish pressure it needs to break below the 1.2295. On my Real-Time Trading idea<\/a> webinar I showed a clear zone for shorting and soon after the price dropped to 1.2297 and then it got back within the POC zone. At this point the price should either drop below 1.2295 or push higher. For a bearish continuation targets are 1.2285 and 1.2258. Spike above 1.2240 might turn the pair into bullish breakout targeting 1.2368.<\/p>\n

D H3 – Daily Camarilla Pivot (Daily Resistance)<\/p>\n

D H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p>\n

D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>

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D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

Follow @TarantulaFX<\/a> on twitter for latest market updates<\/p>\n

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\"Forex101<\/a><\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: USD\/CAD is Bearish Below the Trend Line<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets Source: Admiral Markets MT5 The USD\/CAD is showing signs of rejection below the trend line and below the D H1 camarilla but in order to see further bearish pressure it needs to break below the 1.2295. On my Real-Time Trading idea webinar I showed a clear zone for shorting and soon after […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-120727","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=120727"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120727\/revisions"}],"predecessor-version":[{"id":120731,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/120727\/revisions\/120731"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=120727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=120727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=120727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}