washandrinse

iTradingForex iTradingForex USDCAD, 240, 2 years ago
USDCAD: New lower low in USDCAD marks a need for re-evaluation
103 4 2
USDCAD, 240
New lower low in USDCAD marks a need for re-evaluation
After the large up move from A to B price has started to consolidate. Rather than find support at the lows at C, price has blown through those lows and the .382 retracement. Median line theory tells us that if price passes through one line of a median set, it will likely reach the other. Since there seems to ...
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