Welcome to our weekly market Breakdown ( USDCAD )!
-
1 HOUR Very bearish price action and pressure.
4 HOUR Breaking several lows and bullish price action.
DAILY Market in pullback phase, good long entries shortly!
OVERALL Expecting prices to form new weekly lows on monday-tuesday and head back to average price action forming new wave highs or 50-61.8% Pullback of previous x-a wave. Will update you as soon as we have some clearer information. Good luck
-
Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.