FX:USDCAD   U.S. Dollar / Canadian Dollar
762 6
Ok, lads another setup here, Market bias been trending down for a while now. looking to try ride the trend
so chart can clearly show we was in a trend correction seems like it's broken right now it's trying to pull back and test previous structure so when it hits this area we will be looking for bearish evidence horizontal and diag trendline will help us increase our probability based upon confluence of bearish move...
Good Luck


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What now ? Is the market gonna go up and continue down ?
antoineppedd antoineppedd
And nice prediction btw
time frame...??
DacresFx forexguru123
Entry missed by a small move... damn
This chart is awesome. Thanks for posting it.

However, if you do not mind the question: how worrisome is that false break on the trendline? Initially the breakout was just the upper shadow, followed by a candle closing above the breakout and lastly large bearish candle back down. With the second candle closing above resistance is that still a false breakout? Doesn't it at least partially negate the trendlines validity?
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