Mandeep.Singh
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USD/CAD - Still Bearish

FX:USDCAD   美元/加元
65 0 6
Weekly
Lower swing highs on the weekly after price has attempted to breach and sustain above 1.3400 - this has failed.

Daily
Yesterday we saw a strong bearish bar breaking and closing below our inner TL, the last 2 days prior to that were bearish as we saw price being whipped back below 1.3400. There is also a daily MA crossover to the downside. At the monthly rejection area, there was also a rejection which was confluent with 61.8% and our target area of -27% is confluent with a key daily area of 1.3200. We have lower daily swing highs.

H4
Clear lower highs and lows being formed on this timeframe. MAs crossed over to the downside and a break of our inner TL has seen a retest and rejection which also completes a new lower high.
评论: SL moved to beyond BE.
评论: Stopped out for 45 pips profit.
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