USD/CAD - SHORT

MONTHLY
- BEARISH ENGULFING
- MONTH OF JULY PULL BACK PHASE IS NOW COMING TO AN END EXPECTING FURTHER DECLINE
- EMA SQUEEZE & POTENTIAL CROSSOVER

WEEKLY
- OVERALL LONG TERM STRUCTURE BEARISH FROM PREVIOUS BREAK OF THE TREND LINE
- EMA'S ALSO CONFINING BEARISH SENTIMENT SHORT/LONG TERM

DAILY
- CLEAR LL / LH'S BEING FORMED ON THE DAILY
- RECENT 3 PIN FORMATION AT AREA OF POTENTIAL LH'S FORMATION & RESISTANCE
- FIB FROM PREVIOUS SWING HIGHS AND TO LOW 38.2% ADDED CONFLUENCE TO THE OVERALL MOVE.

HOUR
- HOURLY EMA CROSSOVER
- DOUBLE TOP
- BREAKOUT OF CORRECTIVE STRUCTURE *TREND LINE*