USDCAD (4HOUR) DAILY BREAK OF CRITICAL POINT
Increased downward momentum following break of up trend,
confirmed with a divergence of stochastics,
as well as what likes like a progressive downward spiral confirmed with MA's.
Following a bounce of critical monthly level.
Short stops in place with a reward/ risk 4:1.
Expecting large movements for the coming week.
confirmed with a divergence of stochastics,
as well as what likes like a progressive downward spiral confirmed with MA's.
Following a bounce of critical monthly level.
Short stops in place with a reward/ risk 4:1.
Expecting large movements for the coming week.
註釋
Target 2 reached, looking for further movements to target 3.註釋
Bounce off critical level as well as retesting trend line. Continuation to the downside expected.
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