USDCAD (4HOUR) DAILY BREAK OF CRITICAL POINT
Increased downward momentum following break of up trend,
confirmed with a divergence of stochastics,
as well as what likes like a progressive downward spiral confirmed with MA's.
Following a bounce of critical monthly level.
Short stops in place with a reward/ risk 4:1.
Expecting large movements for the coming week.
confirmed with a divergence of stochastics,
as well as what likes like a progressive downward spiral confirmed with MA's.
Following a bounce of critical monthly level.
Short stops in place with a reward/ risk 4:1.
Expecting large movements for the coming week.
تعليق:
Target 2 reached, looking for further movements to target 3.
تعليق:
We can see how this pair is moving.
Bounce off critical level as well as retesting trend line. Continuation to the downside expected.
Bounce off critical level as well as retesting trend line. Continuation to the downside expected.