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KaKeungChoi
Sep 13, 2016 8:12 PM

USDCAD - (THE DYING BAT) - S/R Forecast Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Price touched the Resist zone indicated in my last forecast chart, price also have climb for a while its time for a correction pull back. watch out for those mini support zones, as these could bring price back up again. but expected price to reach the target for profit take.
Comments
KaKeungChoi
Target completed/
KaKeungChoi
retreating down nicely
KaKeungChoi
Second time price retreated from the resist zone, once price break this mini support zone, it should drop faster.

KaKeungChoi
The support trend is holding the price right now. once drop through, it would be a clear sign of the down trip. but if not, then price might try and break the resist zone.
KaKeungChoi
Price is now reacted rejected at my resist zone.

KaKeungChoi
This was my previous forecast dated 1 Sept. 2016
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