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VladimirRibakov

USDCAD Short Term Forecast

Short
VladimirRibakov  
MOEX:USDCAD   None
Trend Analysis Multiple Time Frame Analysis Trend Lines USDCAD forecast SELL Bearish Patterns doublewave Trend Line Break
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trendanalysis mtfa trendline usdcad forecast sell bearish doublewave trendlinebreak
D1 - We have a potential double wave developing to the downside, the price still has room lower towards the 61.8% fibonacci expansion level.

H1 - Bearish trend pattern followed by a double wave correction.

Price has broken below the most recent uptrend line and has retested it. Expecting further continuation lower.
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