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Klawz

USDCAD Possible shorting scenario

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Klawz  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Fundamental Analysis priceactionanalysis waveanalyis USDCAD usdcadshort
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trendanalysis chartpattern fundamental priceactionanalysis waveanalyis usdcad usdcadshort
Hello Traders, here's how I'm watching this pair for a possible downside move. Recently on this pair, we've seen an Head and Shoulder pattern formed and then there have been a correction to the golden fib ratio 61.8% currently I'd be looking forward to downtrend continuation pattern on the H1, H2 or H4 timeframe.
We stay reactive nonetheless.
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