Let me know if you see anything different would be great
Hi, had some time to look at the charts today, strong support and resistance zone coming up looking for some nice reversal candles something that can tell us that a sell off is coming, the analysis i have shown is daily down to 4 hour, overall trend is down so could be a nice break and retest coming here
Really nice set up on the one hour chart with a head and shoulders set up with a nice support if broken and retested we should be looking for sell entrys only with some nice confluence with the 50EMA and 0.5 FIB retracement on the daily chart
Just a simple analysis- starting to document trade ideas- USD/CAD Short, Down trend in the daily chart following a break and retest on the 4 hour chart of a Daily resistance point Following a Break and retest of the 0.6 Fib on the 1hour chart looking like a decent set up to go short. Just my analysis would be nice if someone could see anything they could add