UPDATE:
We are looking at
USDCAD
on a 1 hour time frame. We see a candle test the resistance zones followed by a doji candle with a major wick. Then there is a marubozu candle engulfing the previous other candles. This is a strong signal for a reversal (as we are experiencing now).
We are looking at
USDCAD
on a 1 hour time frame. We see a candle test the resistance zones followed by a doji candle with a major wick. Then there is a marubozu candle engulfing the previous other candles. This is a strong signal for a reversal (as we are experiencing now).