USDCAD- Strong Bearish Momentum Happening On The Reversal!

Cập nhật
- I see a good short opportunity for USDCAD at the reversal the descending triangle.
-EMA indicates medium term bearish momentum of the pair.
-38.2% fib level is line with the support of the descending triangle.
-However, price could potentially go back within the descending triangle and indicating it is a false signal.
-I will wait to see how price will react the levels before placing the trade.
-I will look to see if there is another strong bearish candle to confirm the bearish signal and enter.
Ghi chú
Price hit TP and went directly the opposite way
ảnh chụp nhanh
Chart PatternsDescending TriangleTechnical IndicatorsreversalpatternTechnical AnalysisTrend AnalysisUSDCADusdcadshort

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