JasonSong

USDCAD H4, ascendign space limited, long term for short

FX:USDCAD   U.S. Dollar/Canadian Dollar
103 0 2
USDCAD             H4, ascendign space limited, long term for short.

I have to say, this pair really makes me confused recently.
So I started from the most basic aspect—— candle sticks. And I found the "intensive trading area" locates 1.28040-1.28250 in H4, which is also the "ab=cd" pattern.

So, right now, this pair still has some driving power going up, once hit theabove mentioned area, it will hopefully go down.

Thank you and your comments will be greatly welcomed!

At last, if you need more trading information or want to communicate with a bunch of Forex fans, welcome to our Group QQ:256696277. Together, we'll learn more and earn more!
THINK BEFORE YOU ACT! ~ BigFish Jason
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