Here is what I think... I don't trying to predict price movements, it's just some possible price directions.

USDCAD trend reversal?

Hi, is not Inverted Head & Shoulder! Inverted Head & Shoulder is a bottom reversal pattern from the down trend. BUT!! There is no down trend on weekly chart!!!!!

USDCAD trend reversal?

We need another one bar close on daily chart (this day & maybe next) to confirm reversing pattern. But it's too early to talk about trend reversal. It's still strong. Friday's action (i mean bounce from .0469) is just short term reaction on news ...

USDCAD trend reversal?

Just wait & u'll see reversal or not.... — if in coming couple days or maybe week cable goes through red rectangle (see pic [USDCAD-4H]) it may go higher!!!!! BUt if not it will go down through it's supp. line (green on pic). I think there ...

USDCAD trend reversal?