SherbG

SherbG

After a few important rejection signs of the 1.558 level on M1 time frame EUR/CAD broke down the lower trend line and rejected 1.47 area with 3 pin bars on W1 time frame

SherbG

The last impulse is probably finished: RSI divergence on H4 and D1

SherbG Updated 

RSI divergence on H4 indicating that the last impulse is finished!

SherbG

RSI divergence on daily time frame

SherbG

It is possible to see such an ending diagonal

SherbG

Rejection at trendline: pin bar on a daily time frame RSI divergence

SherbG

An optimistic view for Apple is more likely to look as an impulse which is working to finish the 4th wave. So it is possible to have a better entry point and certainly a better stop loss.

SherbG

On the "proper time frame" - W1 - you may see the divergens