USDCAD Prime rejection on a double top and a Death Cross

2024년 10월 7일

USDCAD hit the 0.618 Fibonacci level of the 2 year Rectangle pattern and so far is on a Double Top.

The 1day MACD is forming a pattern similar to a previous 0.618 Fib Double Top in May 2023.

In the meantime, a 1day Death Cross is formed, exactly like on June 1st of that previous Double Top pattern.

This is a strong bearish mixture and on all cases the target has been at least the 0.236 Fib.

Sell and target 1.33000.



Follow us, like the idea and leave a comment below!!