Resistance becomes support Bullish candle at bottom of new support Following 200 EMA target at previous highs stop below previous lows
1. Break down 2. Push up 3. Stalling bear candle 4. weeeeeeeeeeeeee
Short at resistance, buy above support , call it a day
Follow structure and you can not go wrong ( Most of the time)
Just another simple short Previous resistance RSI Overbought RSI Divergence
RSI Oversold RSI Divergence 2x Support Retest 0.382 Retracement Overall uptrend
RSI Overbought RSI Divergence Retest structure highs Indecision candles Tight stops Targets prior to structure lows
RSI Overbought (>75) RSI Divergence 0.618 Retracement Previous Support becomes Resistance Targets set prior to structure lows Stops above previous spike
Waiting for confirmation of reversal on either 30M or 60M SL: 1.3325s TP1: 1.3180s TP2: 1.3115s TP3: 1.3050s USDCAD is still in a downward trend despite large depreciation