UCAD is 180pips away from a confirmed Head and Shoulders, weekly study.
Watching price action this week for bear continuation or bull reversal (see my USDCAD Bearish Butterfly study below). Also keep an eye on EURUSD staying above 114/115 range and of course any Oil fundamental reporting.
Note
currently kissing the most recent bear channel with room to go up and still be bearish
interesting the walk up's in price before major drops excited about next 24hrs of trading, Im short with 150pip take profit goal
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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.