fxplan

USDCAD : Weekly Analysis

Weekly Chart : The Large Bearish Engulfing , first sign of bearish signal

Weekly Bias : Bearish

Weekly Chart Plan : still wait for pinbar retest 21 EMA to confirm the buy signal again.

USDCADWeekly

4 Hour Chart Plan

A. wait for pinbar retest 1.4265 – 1.4294 to confirm the sell signal.

USDCADH4

 

Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.

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