USDCAD Weekly Short
After pice failed to make a higher high, price has broken below support.
Confirmation 1 was a significant Pinbar close. As this is a higher timeframe setup, we will likely see a second confirmation, for example a bearish engulfing candle close, or a significant Pinbar, at resistance.
Resistance also correlates with a 50% fib retracement.
Confirmation 1 was a significant Pinbar close. As this is a higher timeframe setup, we will likely see a second confirmation, for example a bearish engulfing candle close, or a significant Pinbar, at resistance.
Resistance also correlates with a 50% fib retracement.
כתב ויתור
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