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USDCAD "Continuation to the downside" - Fib Retracement.

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TradingPurposeCharts  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD short shorttrade continuation shorts setup pips retracement
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trendanalysis chartpattern indicator usdcad short shorttrade continuation shorts setup pips retracement
Good morning traders.

That are my actual thoughts on USDCAD .

Overall market situation is a Bearish.

2H
  • Overall direction is Bearish.
  • We made a retracement push into the "Golden ratio" Fib range.
  • On the lower - TF we are making new lower highs.
  • We broke and retested a Counter-Tl on the lower TF.



I will look for a last little push into the Price of 1.35700 - 1.35900 for a short opportunity.


Good Trades
~Tradingpurpose~
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