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YonatanBren

USDCAD - Short - Correction ahead

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
YonatanBren Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
3
0
USDCAD Looking back at previous chart behavior - look closely how the uptrend is gaping away from the outer left bollinger band - currently crossing below 20 SMA and testing the lower band , add this to Hanging man candle pattern - your up for a reversal

watch out for the final re-test by the bulls.
Comment:
Another failed test to the upside -

Look at the divergence
Comment:
Comment:
If you need additional Confluence -

Head and shoulders shows on the hourly chart

snapshot
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