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financialflagship
Aug 22, 2021 1:52 PM

USD/CAD – Week 34 – One more top expected. Long

U.S. DOLLAR / CANADIAN DOLLARICE

Description

In our previous forecast, we expected the price to drop one more time, before resuming the bullish trend. Instead, the pair started to increase without making the drop that we expect.
In the coming days, we expect the price to drop correctively from the upper channel line before making a new top.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Comments
Investroy
Clean chart
financialflagship
@Investroy, Thank you!
jojofang0901
indeed a move down first is likely before consider the continuation
financialflagship
@jojofang0901, yes, let's see how the structure develops!
ForexTrendline
yeah we're looking at the same idea over here, thanks man!
financialflagship
@ForexTrendline, 🔥🔥
Helical_Trades
Great job, keep it up. 👍
financialflagship
@Helical_Trades thank you!
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