USD/CAD in Weekly Retracement Phase?
Looking for USD/CAD to complete a 33%-50% Fibo retracement on the Weekly chart to create a new Fractal Swing High Structure point to continue back into the bearish downtrend.
The strength is still with the Bears so once the pullback rally completes look for a good entry on the Daily or 4-Hour chart to go short.
The trend channel will be gradually adjusted over time as new Fractal Swing Lows are formed and according to where price settles.
The strength is still with the Bears so once the pullback rally completes look for a good entry on the Daily or 4-Hour chart to go short.
The trend channel will be gradually adjusted over time as new Fractal Swing Lows are formed and according to where price settles.
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