USDCAD - Short - Correction ahead

Aktualisiert
USDCAD Looking back at previous chart behavior - look closely how the uptrend is gaping away from the outer left bollinger band - currently crossing below 20 SMA and testing the lower band , add this to Hanging man candle pattern - your up for a reversal

watch out for the final re-test by the bulls.
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Another failed test to the upside -

Look at the divergence
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Snapshot
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If you need additional Confluence -

Head and shoulders shows on the hourly chart

Snapshot

Haftungsausschluss