FractalEyeZ

USD/CAD in Weekly Retracement Phase?

FX:USDCAD   U.S. Dollar/Canadian Dollar
Looking for USD/CAD             to complete a 33%-50% Fibo retracement on the Weekly chart to create a new Fractal Swing High Structure point to continue back into the bearish downtrend.

The strength is still with the Bears so once the pullback rally completes look for a good entry on the Daily or 4-Hour chart to go short.

The trend channel will be gradually adjusted over time as new Fractal Swing Lows are formed and according to where price settles.
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