Looking for a trend continuation for this $CAD correction a trend line break is an excellent indication of this!
Hope you will join me on this one!
Reasons for the short:
- Price is in a downtrend
- Price is making 5 wave sequence to the downside
- Fibonacci expansions are pointing to that 1.3394 (area)
- Price completed a Harmonic on the monthly look for the .236 retracement of that harmonic to be tested
Hope you will join me on this one!
Reasons for the short:
- Price is in a downtrend
- Price is making 5 wave sequence to the downside
- Fibonacci expansions are pointing to that 1.3394 (area)
- Price completed a Harmonic on the monthly look for the .236 retracement of that harmonic to be tested