- April 15, 2021
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Channel Down on 1D.
Signal: Sell as the price is declining after making contact with the 1D MA50 (blue trend-line) and the MACD formed a Bearish Cross.
Target: 1.2320 (the 1.236 Fib extension).
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Tradingview link:
https://www.tradingview.com/chart/USDCAD/PFLRTfxV-USDCAD-Sell-Signal