MrVolcano

USDCAD - Bearish signals

Short
MrVolcano Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
two bearish signals - An evening star and a bearish engulfing signal formed. An attempt was made to break the trendline support, but bulls pushed price back up again, providing some support at the Fib 61.8 level. If bears can push price below this support, I'm hoping to see some downside to lower channel support.
Order cancelled:
Sideways support held and price went higher. Fortunate that I didn't enter immediately.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.