H1 - Bearish trend pattern. Currently, it looks like a correction is happening. Until the strong resistance zone holds my view remains bearish here.
H1 - Bearish trend pattern followed by a double wave correction. Price respected the strong resistance zone and is bouncing lower. Bearish hidden divergence. Until the strong resistance zone holds my view remains bearish here.
Short position USDCAD, targets at 1.2680-1.2665, extended target 1.2650
Short position on USDCAD, sell below 1.2755, targets at 1.2700-1.2685
H4 - Bearish trend pattern. Potential bearish hidden divergence. Until the strong resistance zone holds my view remains bearish here.
H4 - Price has bounced from the top of a bearish channel. Bearish divergence. Price still has room lower towards the bottom of this channel. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to continue lower further in the short term.
D1 - Price bounced from the top of the range, we have the first leg down. Currently it looks like a pullback is happening. Expecting further continuation lower after this pullback. H4 - Bearish trend pattern. Currently it looks like a correction is happening. Until the strong resistance zone holds my view remains bearish here.
H4 - Bullish rally followed by bearish divergence. Currently it looks like a correction is happening. Price still has room lower towards the key support zone formed by the 38.2% - 50% fibonacci retracement zone. H1 - Bearish trend pattern. Expecting further continuation lower in the short term until the strong resistance zone holds.
D1 - Price has broken below the most recent uptrend line. There are no signs that show this bearish trend is over. H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Expecting further continuation lower after pullbacks.
D1 - Potential double wave down. Price still has room lower towards the 61.8%(122.479) Fibonacci expansion level of the first wave. Currently, there are no signs of trend change. H4 - Bearish trend pattern followed by double wave correction. Bearish divergence, most recent uptrend line breakout. Expecting further continuation lower in the short term.
H4 - Bearish trend pattern followed by double wave correction and the price has broken below the most recent uptrend line. Currently, there are no signs that show this bearish trend is over. Until the downtrend line holds I expect the price to continue lower further.
D1 - Bullish trend pattern completed. Bearish divergence. Currently it looks like a correction is happening. Expecting one more push lower to the downside. H4 - Bearish hidden divergence. Bearish trend pattern. Personally I expect the price to continue lower further in the short term.
D1 - Price is bouncing from a strong support zone where the 200 moving averages coincides. Bullish hidden divergence. H4 - Bearish trend pattern completed. Bullish divergence. Expecting short term bullish moves towards the key resistance zone.
D1 - Bearish divergence. Currently, it looks like a correction is happening. There are no signs of trend change. H4 - Price has broken below the most recent uptrend line and is holding below it. H1 - Bearish trend pattern. Currently, it looks like a correction is happening. Until the strong resistance zone holds my short term view remains bearish here.
D1 - Extreme divergence, expecting corrective phase to happen now. H4 - Price is holding below the falling resistance and the horizontal resistance zone. H1 - Bearish trend pattern. If we get a valid breakout below the most recent uptrend line we may then consider it as a validation for the bearish view.
D1 - Price has reached a key resistance zone formed by the 100% (76.988) fibonacci expansion level of the first wave and the 61.8% (78.624) fibonacci expansion level of the second wave. Bearish divergence. Expecting corrections to happen now. H1 - Bearish trend pattern. Expecting the price to continue lower further.
D1 - The price has created a double wave to the upside, bearish divergence. H4 - The price which is moving lower has created a bearish trend pattern. Currently, it looks like a pullback is happening, expecting further continuation lower after pullbacks.
H4 - Bearish divergence. The price still has room lower towards the strong support zone (we also have the uptrend line coinciding in the same zone). H1 - Bearish trend pattern. Expecting further continuation lower in the short term after pullbacks.