USDCAD has completed a Double Top Pattern after failing to break above the 1.4100 region twice. Price has now broken below the neckline, indicating a potential shift toward a bearish continuation.
Flag Pattern Breakout – Earlier bullish momentum ended after the flag breakout, but the structure later shifted.
Double Top (TOP1 & TOP2) – Clear rejection from the same supply region shows weakening bullish pressure.
Neckline Break – Price has broken the neckline support, which often confirms the double-top reversal.
Market Structure – Multiple CHOCH and BOS signals highlight increasing bearish order flow.
Downside Targets – If bearish pressure continues, next key levels sit near 1.3927 and 1.3900, where liquidity and previous reactions exist.
This analysis is for educational purposes only — always use proper risk management and confirm with your own strategy.
Flag Pattern Breakout – Earlier bullish momentum ended after the flag breakout, but the structure later shifted.
Double Top (TOP1 & TOP2) – Clear rejection from the same supply region shows weakening bullish pressure.
Neckline Break – Price has broken the neckline support, which often confirms the double-top reversal.
Market Structure – Multiple CHOCH and BOS signals highlight increasing bearish order flow.
Downside Targets – If bearish pressure continues, next key levels sit near 1.3927 and 1.3900, where liquidity and previous reactions exist.
This analysis is for educational purposes only — always use proper risk management and confirm with your own strategy.
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♾️ Join my Telegram // Real Trade ; Real Result // 💱 Gold signal ; Forex signal ; Free signal
t.me/HGFDT5TtUy6Nm7H
t.me/HGFDT5TtUy6Nm7H
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.