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.


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