When i check history of USDCAD i saw pretty high potential short here. In 2004-01-12 price formed support which has been already broken. In 2005-05-16 that same level worked as resistance. Price retested it again in 2009-03-09 and failed to break it.
3SMA system shows in 4h chart that down trend has started. Price ...
GBPUSD has break 0.618 Fib Retracement level. Candlesticks shows that sellers are taking profits. I believe that theres only way up :)
-Higher Lows are created.
-Higher high is created.
-RSI shows over sold.
-MACD showing signal to turning on UPTrend.
Im looking for price to hit 382 fib level like it did 2014-06-30 after hitting that level i thing price to go all the way down to 1.31066 to 1618 fib extension.
This is my first publish, and im pretty new to forex. let me guys know what do you think?