Judging from yesterday's daily closed candle movement, the movement in the resistance area still looks strong enough to form a double top pattern.
Coupled with economic growth in July for Canada producing positive results, this adds to the influence that the movement is still likely to experience bearish conditions for a while.
Stop Lose resistance area
RR : 1:3
Coupled with economic growth in July for Canada producing positive results, this adds to the influence that the movement is still likely to experience bearish conditions for a while.
Stop Lose resistance area
RR : 1:3
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.