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    Thread: USD/CAD (part 28)

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    1. #23
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      Thushara is on a distinguished road Thushara's Avatar
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      Default USDCAD Daily Chart by Pivot levels and Volume Power





      USDCAD Daily chart indicating Reversal Candlestick Pattern by pinbar. However Trade Volume is balanced. Sell Traders = 45%, Buy Traders 55%. On the other hand other pairs that related to USD also indicating same position.

      To confirm this reversal candlestick pattern we have to wait for close this candle and look about next candle volume power. If it closed below the Weekly pivot point then next point is Weekly Support Level 1 and Fibonacci Level 61.8

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    2. The following 3 users say Thank You to Thushara for this useful post.

      Beautiful Quynh (02-13-2018), dzin4aans (02-13-2018), PongsakornFX (02-13-2018)

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