Anticipating the Next USDCAD MOVE!

٨ مايو ٢٠١٧

WADAP! We have a 4H engulfing pattern, from what we got a nice move down already. We also got a 618% retracement (good to get on the short side from this), that is still in play, but looks like we have rejection from it now. It looks like the pair is still slightly bullish, even tho it is very exhausted. We might get a nice bearish move (marked with RED), but also it might just bounce back up ;) ANTICIPATE DON´T REACT! Make plans, don´t wait, be sure, don´t be afraid! :)