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mlwinter

USDCAD DAILY SHORT IDEA

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
mlwinter Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance
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trendanalysis chartpattern supportandresistance
Great bounce from 61.8% and the roof of channel. This may be the start of a downwave. If green trendline is broken down, sell every pullback. It's possible that 61.8% is visited again. If it does, wait for bearish PA and sell targeting bottom of the rising channel as a main target.
Comment:
Wait for price to pullback, look for bearish PA and sell
snapshot
Comment:
Starting to see start of pullback.
snapshot
Comment:
Wrong chart above, Starting to see start of pullback to sell area
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