USDCAD Bearish Reversal
Last week:
4HR Chart Made a Lower High
4HR Chart presented an Inner Candle on Friday signaling end of trend
4HR Chart rejected from Daily Resistance
4HR Chart Presented a Fractal Candle
4HR Chart Divergence shown on Friday
4HR Chart Bearish reversal confirmed with above conditions
4HR Chart downtrend continues
Sell order opened @ 1.36300
TP1 was on 1.35890
TP2 placed on 1.34165
to continue trading bearish I will wait for pull backs on support until Bullish reversal is shown or major CHOCH
4HR Chart Made a Lower High
4HR Chart presented an Inner Candle on Friday signaling end of trend
4HR Chart rejected from Daily Resistance
4HR Chart Presented a Fractal Candle
4HR Chart Divergence shown on Friday
4HR Chart Bearish reversal confirmed with above conditions
4HR Chart downtrend continues
Sell order opened @ 1.36300
TP1 was on 1.35890
TP2 placed on 1.34165
to continue trading bearish I will wait for pull backs on support until Bullish reversal is shown or major CHOCH
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