RavingEagle
Short

Temporary Uptrend Exhaustion - Countertrend Opportunity

FX:USDCAD   U.S. Dollar / Canadian Dollar
41 0 0
The Triangle suggests trend continuation... to be resumed after Price Action retracement.

After a long and healthy uptrend, Double-Top and Overbought Stochastics might indicate Temporary Uptrend Exhaustion;
For Countertrend traders, this might present a good potential opportunity window to short;

Recent Market Memory resistance levels suggest possibilities of trades ranging from about 1 : 1 to 1 : 3


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