USD/CAD formed a Japanese candlestick reversal pattern on Wednesday. Price could be about to fall in a large ABC or Measured Move price pattern.
Following the trendline breakout at the end of July and rally to just above the 1.3900 mark, USD/CAD has been stuck in a range. We do have the formation of a head and shoulder pattern, which has now ...
USD/CAD’s about-face has left a Bearish Engulfing pattern lacking confirmation. The impulsive swing higher comes as no surprise given the series of whipsaws over recent weeks. The pair’s tendencies ...
USD/CAD loses ground for the third consecutive day, trading around 1.3680 during the early European hours on Wednesday. The ...
USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...
The GBP/CAD is in Megatrend formation. All short entries starting from March would have been in profits. At this point we scaled out of profits protecting the remainder at BE+1. The pinbar entry which ...
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