Usdcad taking a break before downtrend continuation .
We see a triangle that is expected to signal a downtrend. Although the triangle did not broke the way we expected , price is moving inside a channel that is expected to get broken.
Using the fib. ext. tool we can estimate by measuring the 1st bearish move were we can take profit .
This is clearly my though , i just share my idea .
We see a triangle that is expected to signal a downtrend. Although the triangle did not broke the way we expected , price is moving inside a channel that is expected to get broken.
Using the fib. ext. tool we can estimate by measuring the 1st bearish move were we can take profit .
This is clearly my though , i just share my idea .