Is this a breakout? USDCAD

I'm looking for a huge short impulse in this pair on the Weekly/Daily timescale
Price is currently "breaking out" of the daily corrective channel.
It may go back up for another wave but if it breaks down this could be the start of a very nice trade
On the 15 min chart I don't know if what we are looking is a break out and correction or a "bounce" back into the the channel.

Keep an eye on this one because it could be a good trade either way.
No trade on for the moment
I'll post update as this develops

Good luck
Steve

Yorum:

Sorry Guys - this is a horrible chart - I'll post a new one with more clarity