USDCAD, Massive Drop ready to happen!
Hi Traders,
Looking at the price action we can see what used to be bullish momentum turned to sellers control. Price was moving with a HTF Wedge structure which had a reversal Impulse and created a LTF bearish continuation.
Looking for a drop to first target near 1.2550 then 1.2450 level if price can continue.
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Click the like button if you agree!
Trade Safe!
Looking at the price action we can see what used to be bullish momentum turned to sellers control. Price was moving with a HTF Wedge structure which had a reversal Impulse and created a LTF bearish continuation.
Looking for a drop to first target near 1.2550 then 1.2450 level if price can continue.
Share your view on this pair by leaving a comment!
Click the like button if you agree!
Trade Safe!
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