USDCAD 4H Analysis 22th-26th (Refer to Daily Previous post)

USDCAD experience a Descending triangle on the 4H and we see it being in a bearish downside.

(Refer to daily previous post for Daily timeframe overview)

1. Bearish Downside. I am looking for it to reach 1.22 (Trailing Stops)

2. Descending Triangle done.

3. If it goes the other direction, await reaction within the 1.24

4. Trade with Care. Risk Management Always.

TravaFx in PROFIT
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

Disclaimer