A potential double top at the high will
confirm the rejection from the area.

We need to see the weekly high broken
and tested as resistance. This will confirm
that the market makers have began to place
sell orders to form the weekly high.

A retest of the double tops neckline will
also meet the weekly level as resistance.
This zone also meets key level 1.3100.
alphateamalphatradinggroupbecomealeaderbecomeanalphaFibonacciMultiple Time Frame AnalysisSupport and ResistanceUSDCADusdcadshort

Also on:

Related publications

Disclaimer