USDCAD: Confirmed Bearish Reversal?! ๐บ๐ธ๐จ๐ฆ
https://www.tradingview.com/x/ewkf7CT2/
I see multiple bearish clues on USDCAD.
The pair is trading in a bearish trend,
lower highs are respecting a falling trend line.
After its last test, the price formed a double top formation,
and violated both its neckline and a support line of a rising wedge.
These bearish signals indicate that the market may return to a bearish trend.
I expect a bearish continuation to 1.335 / 1.330
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I see multiple bearish clues on USDCAD.
The pair is trading in a bearish trend,
lower highs are respecting a falling trend line.
After its last test, the price formed a double top formation,
and violated both its neckline and a support line of a rising wedge.
These bearish signals indicate that the market may return to a bearish trend.
I expect a bearish continuation to 1.335 / 1.330
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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