USDCAD SHORT!
USDCAD on monthly and weekly have shown an ascending channel, which is a profit taking phase/liquidation to the prior sell at the end 2018 and start 2019.
what makes this spot special is particularly the way the weekly has shown a double top like condition on the weekly timeframe with major rejections o the prior monthly level around the top of that area. this could be the yearly reversal warranting a continuation of its bearish trend
what makes this spot special is particularly the way the weekly has shown a double top like condition on the weekly timeframe with major rejections o the prior monthly level around the top of that area. this could be the yearly reversal warranting a continuation of its bearish trend
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