USDCAD, OPPORTUNITY FOR SELL !!
i think this situation of chart has a high probability to go down, why?
1. bearish enguilfing in H4
2. price is around MA100 & 61.8/38.2 (fibo) as a Resistance
3. correction wave
1. bearish enguilfing in H4
2. price is around MA100 & 61.8/38.2 (fibo) as a Resistance
3. correction wave
Note
i think thats "bearish flag" pattern is a correction wave (wave 2) after that impulse before (wave 1)..so maybe now is wave 3, it means the price will go down deeper..
but, theres no way to know till the price moves.. ;)
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