Per USDCAD 1 W chart, all appears to be bearish this coming week with this pair. With Ichimoku cloud, PA is on lower edge of cloud at this time. HA candlesticks for last two weeks have shown first a red DOJI and a long red candlestick wiht no upper wick/shadow, but with a long body and long lower wick/shadow.
These two red HA candlesticks are a very good indicator of this coming week being bearish. I have placed over last long swing low to high of last BULLISH uptrend a Fib retracement with key levels of support & resistance areas on chart. . Trade with trend always & follow PA. Look at key levels of S/R too.
These two red HA candlesticks are a very good indicator of this coming week being bearish. I have placed over last long swing low to high of last BULLISH uptrend a Fib retracement with key levels of support & resistance areas on chart. . Trade with trend always & follow PA. Look at key levels of S/R too.