Bearish try for USDCAD with support from news and bounce 01 BLUE WHITE AND GREEN FOR ENTRY POINTS, Patience is key 02 Wait for bounce confirmation gives a go signal for selling 03 Sell resistance line is the same as support line via 4h tf ---- Magenta line
2 POSSIBLE RESULTS A. May retest the 1st resistance line before going down on the turtle soup level - - - accumulation or buy area perhaps before going bullish B. Going down below the 2300 line before going bullish Supported also with the diamond pattern for confirmation on where the accumulation area should be if RESULT A happens. Let's wait for this weeks...