Home > heikin-ashi > $USDCAD Seen with Hekin-Ashi: @Crossroads with a Bearish Flavor

$USDCAD Seen with Hekin-Ashi: @Crossroads with a Bearish Flavor

September 14, 2013

$USDCAD daily

  • Head-and-Shoulders with broken neckline (blue dashed line) – bearish
  • A Heikin-Ashi doji-like candle – possible reversal

 

 

$USDCAD weekly

  • The Heikin-Ashi doji-like candle (yellow) is printed the same bar haDelta is testing its resistance – wait-and-see
  • Although haDelta is above its short average (lower pane), the flavor remains bearish

 

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Categories: heikin-ashi Tags: ,
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