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RizeSenpai

USDCAD: Potential Beaflag Forming Below The Moving Averages

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
RizeSenpai Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD DMI ADX Bearish Flag Moving Averages
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trendanalysis chartpattern indicator usdcad dmi adx bearishflag movingaverage
The ADX looks like it will soon be crossing below the 25 Line and Confirming the Downtrend as the USD/CAD Bearishly Consolidates below the Daily Moving Averages. My Targets will be the Square-Up between the 78.6% and 100% Retraces
Trade active:
The USDCAD has confirmed a Daily Bearish Enguilfing Candle near the Highs of the Potential Bear Flag:
snapshot
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