USDCAD WEEKLY: STRONG REVERSAL ZONE
HELLO TRADERS
- As in my previous analysis i have shown you Lower time frame chart, Now it is important to show you guys full image.
- This is weekly Time Frame and as you guys can see this nicely Falling Wedge Formation, So whenever we have this formation specially in Bigger Time Frame it always a strong signal before change of trend.
- So we can see price is approaching towards strong weekly support as well.
- I am expecting a strong reversal anytime from these support areas.
" Attaching my previous analysis for educational purpose"
- As in my previous analysis i have shown you Lower time frame chart, Now it is important to show you guys full image.
- This is weekly Time Frame and as you guys can see this nicely Falling Wedge Formation, So whenever we have this formation specially in Bigger Time Frame it always a strong signal before change of trend.
- So we can see price is approaching towards strong weekly support as well.
- I am expecting a strong reversal anytime from these support areas.
" Attaching my previous analysis for educational purpose"
Investment and structure planning :
DM
DM
