USD/CAD WEEKLY, 03/27/10.
First, let see the W1 chart, from the last three candles it means reversal but the last candle closing below the first candle.
So there's possibility for the next candle will not bullish, it may bearish or doji.
[IMG]http://i894.photobucket.com/albums/a...adw1032710.jpg[/IMG]
Then, this one is D1 chart.
There's possibility to continue classic patern BEAR FLAG.
[IMG]http://i894.photobucket.com/albums/a...add1032710.jpg[/IMG]
Below H4 chart, there' possibility next candle to continuing bearish.
But we should see how about the continuity from the next issue from EURO next week, maybe last friday bullish is just about profit taking.
From this week movement there was 395 pips available, if we can catch all the chance.
[IMG]http://i894.photobucket.com/albums/a...adh4032710.jpg[/IMG]
Happy Holiday!!!
First, let see the W1 chart, from the last three candles it means reversal but the last candle closing below the first candle.
So there's possibility for the next candle will not bullish, it may bearish or doji.
[IMG]http://i894.photobucket.com/albums/a...adw1032710.jpg[/IMG]
Then, this one is D1 chart.
There's possibility to continue classic patern BEAR FLAG.
[IMG]http://i894.photobucket.com/albums/a...add1032710.jpg[/IMG]
Below H4 chart, there' possibility next candle to continuing bearish.
But we should see how about the continuity from the next issue from EURO next week, maybe last friday bullish is just about profit taking.
From this week movement there was 395 pips available, if we can catch all the chance.
[IMG]http://i894.photobucket.com/albums/a...adh4032710.jpg[/IMG]
Happy Holiday!!!