2910 USDCAD 500 pips expect coming soon?
Remember our last idea that expecting a bear signal on USDCAD?
Do you think that signal appear already?
Actually, on weekly chart, its better have another week to wait.
But check on the daily chart.
The blue zone where USDCAD finished last week also happen be a FIBO 618 position which is a very popular entry position for traders.
Once price confirmed bearish here, we would love to see 500 pips down to the bottom line of the blue channel.
Less is more!
Do you think that signal appear already?
Actually, on weekly chart, its better have another week to wait.
But check on the daily chart.
The blue zone where USDCAD finished last week also happen be a FIBO 618 position which is a very popular entry position for traders.
Once price confirmed bearish here, we would love to see 500 pips down to the bottom line of the blue channel.
Less is more!
Comment:
Comment:
Check the blue resistance zone for entry signal later.
