Doublebullchuck
Short

USDCAD set to retest neckline

FX:USDCAD   U.S. Dollar / Canadian Dollar
55 0 5
The forest isn't hiding this Bigfoot. Is the right shoulder formed enough?
Comment: Put a very short leash on this short. Price action looks likely to make new highs knocking out shorts and triggering new buyers. I was afraid that right shoulder was not done forming. My bias is still bear but this correction could continue. Watch for the RSI trend line breach.
Comment: Target coming see 1 hour chart for short entry information
Comment:
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