My target is the 0.382 to 0.5 fib levels. Diagonal support breached and inside bars ranging. Could wait until a confirmed break either up or down. Downtick on MACD and overbought on higher timeframes RSI.
USDCAD weakening. Target is the demand zone in green.
Target is length of flagpole at roughly 0.02150, just before resistance. 0.02043 to 0.02078 is another large resistance (Top of flag) Wait for confirmation.
Volume for the third top has decreased signifcantly which indicates the bulls are exhausted. 2nd top and 3rd top is showing signs of hidden bearish divergence on the RSI (Blue Line) 1st top to 3rd top shows a big drop in strength (White Line) RSI acing strong resistance (Green Line) MACD has started to downtick. Could target the major support also shown on the...