USDCAD did a false break out last week , and hit our stop loss before going up back after NFP , due to the price action on the screen , price broke into the flat or rectangle shape box and i expect price to retest the support before going up finally.
after our initial entry at the QML level , we have bearish engulfing price action on the daily time frame which confirm our sell bias , im expecting more sell to the LOW of the structure which will serve as our TARGET
btcusd undergoing a correction and i will be looking to buy at 0.618 retracement level and first target place at 100% move of the initial wave up ..... before targeting the all time high which i expect it will break by the end of the your or before the end of the year.
Price hit the weekly trendline last week and reject it after we saw DXY recovering from the dowtrend with a bit of correction , i expect more up from DXY till the next two to three weeks before we go down again so do i expect a correction to the downside till it hit the target on AUDUSD