Description
⋅ Hi everyone,
Please see attached my USDCAD 1H chart analysis.
As we can see on the chart i have drawn out a key area which price is currently using as resistance.
We can see that there is a hammer candle forming at the top of this uptrend, this could be a potential sign of a reversal.
With the two things above considered I will be waiting for the close of the hourly candle and see if the sell trade is avaliable.
Add this to your watchlists people.
DWFX