USDCAD - Short - Correction ahead

1 Kas 2016

USDCAD Looking back at previous chart behavior - look closely how the uptrend is gaping away from the outer left bollinger band - currently crossing below 20 SMA and testing the lower band , add this to Hanging man candle pattern - your up for a reversal

watch out for the final re-test by the bulls.

2 Kas 2016

Not

Another failed test to the upside -

Look at the divergence

2 Kas 2016

Not

2 Kas 2016

Not

If you need additional Confluence -

Head and shoulders shows on the hourly chart