stamoyo
Short

USD/CAD Plausible price actioN

FX:USDCAD   U.S. Dollar / Canadian Dollar
The pair is in a period of forming a HS pattern . The RSI i s decreasing, the uptrend is broken and the US index is weakening. The short should be at RSI 0.5 points or lower to be sure of a down move. The waves I have charted will most probably form in a longer period of time. The slope will be more slanting.
*Disclaimer: this is for educational purposes only*
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