FX:USDCAD   U.S. Dollar / Canadian Dollar
1

We are seeing a Bearish divergence on RSi & MACD but we are in bullish trend on the long run
in this case we see a pull back and it might go the 38.2% FIB which hits the support trend line
Also we have an ABCD pattern closing at the same resistance level as well.

I will put buy signal 1.0647 and STOP loss @ 10246 which is below the 61.8% FIB
the target will go up to 1.12076 creating a double top

the ratio is 1: 1.25
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.