USDCAD WEEKLY OCT 08 17

WATCHING UCAD CLOSE EXPECTING A CONTINOUS DROP IN PRICE ALL OCTOBER IF PRICE DOESNT BREAK ABOVE 1.26683 AREA, ATM PRICE CANDLE CLOSES ON D1/H4/H1/M30 WITH A RED CANDLE PIN HEAD ON DAILY. FROM SPECULATOVE ANALYSIS I EXPECT PRICE TO DROP DOWN TO 1.21351 AND POSSIBLY REACH 1.19674. A BREAKOUT AROUND 1.24377 CONFIRMS THIS ANALYSIS CONTINOUS BEARISH MOVEMENT. WITH PRICE IN A HH/HL PATTERN IN A BEARISH LH/LL PATTERN
(LH-LOWHIGH LL-LOWLOW HL-HIGHHIGH HL-HIGHLOW) TP1 1.24747. GOODLUCK.