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MountOlympusFx

USDCAD SELL: Weekly, Daily, 4HR & 15MIN

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
MountOlympusFx  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Harmonic Patterns USDCAD Forex
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USDCAD THESIS

- USDCAD W: Last week candle close as a long legged doji signalling indecision. Market structure still bullish.

- USDCAD D: Price on its way down to 1.3400. Been stuck in range for a while. Once price reaches 1.3400 and holds next target 1.3500.

- USDCAD 4hr: CAD making way down to 1.3400. If 4hr candle holds should see a rally off 1hr launch pad up to 1.3500.

- USDCAD 15mins: Pullback into 15min launch pad + 0.50 Fibonacci then a sell off into 1.3400.

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