R2R-James
Short

heading to the downside

FX:USDCAD   U.S. Dollar / Canadian Dollar
Using both the 4hr and the daily chart here we can clearly see a clean rejection from the outer structure, following that we have also broke below the red zone which is a previous s/r zone in which we have rejected this area twice now on the 4hr chart. with that we have our red zone also lining up with the 382 and the 50% fibs almost acting as a good target area for short positions. Breaking below the red zone we came up and now testing this zone. Predicted to go lower this week

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out