USDCAD Short - and a outlook
USDCAD has just made a shooting star candle, to - hopefully end the uptrend. As I have marked with arrows, the last 6 uptrends (uptrends market with green trendlines), has ended with either a shooting star, or a doji.
Then why should it not end a uptrend like that now? Priceaction has also retested the trendline, which we broke a while ago.
My targets will be at 1.300 or at the 618 retracement from the last uptrend.
Good weekend everyone!
Then why should it not end a uptrend like that now? Priceaction has also retested the trendline, which we broke a while ago.
My targets will be at 1.300 or at the 618 retracement from the last uptrend.
Good weekend everyone!
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