price has been moving up from 1.226 since the beginning of February 2018 and reached resistance at 1.3113. Its a new month and we have new monthly pivots. the sell zone for a bear is between 1.2941 and 1.3010 with the target of 1.2620.


Here we can see the range that formed last week and we are currently still range bound. As a bear i do not want to sell anywhere near the wm2 and the mm2 cluster that is where bulls are waiting to get in. Patience and discipline is key, its better to wait and let price break out of its range.

2 thoughts on “USDCAD April Monthly swing for Bears”

  1. i have been looking selling 1.3010 head and shoulder

    1. yeah we’ll just have to wait and if we get up there

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