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!
ALAN