Fundamentals suggest continuation of bearish trend. Although Fri 1.30pm might see CAD strength
1) psych level shows prev resistance
2) LL, LH, HL, HH, HL, HH, LL breakout of bearish structure
3) EMA above and closing in
4) Monitor if it retraces to golden fib zone
5) Watch for candlestick rejections
1) psych level shows prev resistance
2) LL, LH, HL, HH, HL, HH, LL breakout of bearish structure
3) EMA above and closing in
4) Monitor if it retraces to golden fib zone
5) Watch for candlestick rejections
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.