USDCAD DROP
GREAT Risk to REWARD. Trendline and key level confirmation. Bearish W formation. Lets see how this trade plays out. risking 1% capital! Overall USDCAD is looking bearish. The trend is your friend!
Note
Purple trendline is my overall target and also my FIB target of -61.8%Note
Fundamentally Gold is very Bullish, keeping this in mind CAD should be becoming stronger.Note
I will try make my charts a bit cleaner before posting! looks a bit chaotic!!
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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.