Good Day :) Hope everybody is having a great trading week so far (That's if you've been following my analysis) wink*
Technical Analysis: USD/CAD
Bias: Bearish - On the 4-Hour timeframe price action has created a descending triangle pattern. The support zone of the descending triangle pattern has now broken. We will wait for price action to retest the broken support zone that could act as a possible resistance zone for an entry.
Please don't forget to smash that like button & share if you've benefited in any way from this post.
Trade safe & have a great trading week :)
Technical Analysis: USD/CAD
Bias: Bearish - On the 4-Hour timeframe price action has created a descending triangle pattern. The support zone of the descending triangle pattern has now broken. We will wait for price action to retest the broken support zone that could act as a possible resistance zone for an entry.
Please don't forget to smash that like button & share if you've benefited in any way from this post.
Trade safe & have a great trading week :)