USDCAD 2 POSSIBLE SCENARIOS
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- our scenario: Buys ⬆️ above 1.2660
- alternative scenario: sells ⬇️ below 1.2600
- targets:
*for buys ⬆️ 1.2700, 1.2770
*for sells ⬇️ 1.2550, 1.2500
- comments: for buys, we need the 4hrs to close bullish above the previous 4hrs candle (resulting in a morning star pattern). for sells, we need a daily close below the neckline to consider it as a head and shoulders pattern.
disclaimer: our analyses are based on our experience and knowledge in the market, so please make sure to do your own before executing because
we are not responsible for the decision or choices of traders.
- our scenario: Buys ⬆️ above 1.2660
- alternative scenario: sells ⬇️ below 1.2600
- targets:
*for buys ⬆️ 1.2700, 1.2770
*for sells ⬇️ 1.2550, 1.2500
- comments: for buys, we need the 4hrs to close bullish above the previous 4hrs candle (resulting in a morning star pattern). for sells, we need a daily close below the neckline to consider it as a head and shoulders pattern.
disclaimer: our analyses are based on our experience and knowledge in the market, so please make sure to do your own before executing because
we are not responsible for the decision or choices of traders.
Disclaimer
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