USDCAD: Looking for a bearish correction

FX:USDCAD   U.S. Dollar/Canadian Dollar
619 5 4
Ufalling channel as price forms multiple pin bar candles at rising channel resistance. A slight divergence on RSI as well.
Japanese Candlesticks might a good signal, but be careful, you should refer some volume indicators to confirm it. Good luck.
No volume indicators in forex, good luck
no good no good
"No good, no good". Excellent counter-commentary vaicru. Concise. Succint. Anyway... Long... what thinketh now brown-cow? Yer stop is taking some serious heatr and the channel has been well and truly broken. It's the last thing I want is this channel to be dead, because I'm Canadian and this suits me at the moment.... sucks when one day you've lost 1k from your account without having made a trade. Looks it may be time for me to throw a hedge out there omn the market. I'm emotionally attached, not totally trusting myself on this call..... my account base curr. is Canadian dollars b/c I'm still reg'd here in BC as my primary residence, yet I earn USD$ as a trader, and spend EUROs b/c I live in Amsterdam.... hell, that's reason enough to have a FX account! I was warned of this potentially 52week - 104week high by a buddy in the Dutch Central Bank... he doesnt know anything more than I or anyone else, but he does know how to read the tea leaves better than I do... Damn. I'm off to go find I reason to tell myself I can short this now.... let me know if you still feel confident here... and why! Cheers - A'dam Whale
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