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adamgwhitlock

USDCAD Short

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
adamgwhitlock  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Lines Candlestick Analysis Fibonacci
4
0
trendline candlestick fibonacci
8H TF
Fundamentals suggest bearish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Thurs 12pm GBP Monetary Policy Summary - unlikely to show much change
Fri 1.30pm CAD employment rate & USD NFP

1) Poss 3rd touch of trendline
2) Psych level strong with prev resistance
3) EMA showing resistance
4) LH LL bearish structure
5) look for candlestick rejection
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