There are many different variations of patterns showing. And they are all leading to downside. We have small Rounding Tops, small Inverse Cup and Handles. We have a break in the most recent uptrend line.. But I am focusing more on the bigger picture. There is a solid Reverse Inv Cup and Handle forming since 10 August 2023. The price has almost completed the final Inverse Cup and is approaching the brim level. We have other indicators confirming with 21>7 – Bearish in the short …
USD/CAD short emerging from Rev Inv C&H with target 1
There are many different variations of patterns showing. And they are all leading to downside. We have small Rounding Tops, small Inverse Cup and Handles. We have a break in the most recent uptrend line.. But I am focusing more on the bigger picture. There is a solid Reverse Inv Cup and Handle forming since…
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