USDCAD- SOON TO BREAK OUT OF A BEARISH CHANNEL*
1) UC is currently in a bearish channel, inside a bearish a channel.🤔
2) Heads & shoulders pattern formed
3) The right shoulder rejected the 61.80% fib (which is also a higher high)
4) Its rejecting to break the bullish trend line.
4 Simple, Clear & Concrete Confluences to enter a buy. 🤷♂️🔥 So why not?
Im back guys !! 🙋♂️. After a long break. Trying to better my knowledge of the markets.
My analysis and how i mark up the charts are going to be a little different than before but what i can ensure now is consistency. 🙇♂️
2) Heads & shoulders pattern formed
3) The right shoulder rejected the 61.80% fib (which is also a higher high)
4) Its rejecting to break the bullish trend line.
4 Simple, Clear & Concrete Confluences to enter a buy. 🤷♂️🔥 So why not?
Im back guys !! 🙋♂️. After a long break. Trying to better my knowledge of the markets.
My analysis and how i mark up the charts are going to be a little different than before but what i can ensure now is consistency. 🙇♂️