dRends35

CADUSD - Nuther Short

Short
dRends35 Updated   
FX_IDC:CADUSD   Canadian Dollar / U.S. Dollar
CADUSD has retraced back to the 0.382 and printed a D shooting star.

RSI @ centre point where it often reverses.

If reversing then should get to 0.771

Next target 0.758.

But I think good chance price will overshoot to tag the pitchfork lower median line. Will know more seeing trajectory.

Invalidation above star.

Not advice.
Comment:
Now into evening star and trend continuation appears to be confirmed.

Down to min. 0.771 from here.

Comment:
Nosedive 😄

Comment:
CADUSD may well carry on down the median line (yellow) indefinitely.


Part 2 14/5 - Crypto Focus video now uploaded😼.

The tide is turning and blind hodlers might be rekt down the road💀.

Deep analysis - I keep the juicy details for my clients.

Telegram Group: $50 per month 👍🏻.

Contact: t.me/dRends35
Disclaimer

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.