looks a good sell area you can zoom out for better view of analysis
you see a very bearish move and overall downtrend
Wait for the pullback to the marked gray area then see for bullish signs then buy.
A very good buy trade Wait for the pullback Enter buy in green area only on bullish signs
wait till we reach the fib retracements levels of around 0.50 the enter buy only on bullish reversal signs
A good short opportunity we are in a big downtrend keep taking profits from the trend The trend is your friend
good downtrend good risk to reward fib retracement also complete
Heading towards weekly resistance . So its a nice buying opportunity.
Very beautiful sell setup is getting ready to enter a short USD CAD is very bearish at the moment USD is very weak
wait for the break of the counter trendline before selling
It can be a very potential buy setup for intraday trading Wait for bullish signs near the read zone to buy Zoom out on Daily/4hr tf for better understanding
a good sell setup we just need to wait for break and retest zoom out on higher time frame for better understanding
Beautiful setup to enter a good buying position we are in a uptrend
Reasons to sell- Overall downtrend Fib retracement complete Break of Counter trendline
Reasons to buy - 1. Formation of higher highs 2. Fib retracement complete 3. Break of Wedge is possible on daily Tf
Reasons to sell- 1. overall downtrend 2. Fib retracement complete 3. resistance of counter trendline 3. formation of lower high