USDCAD H4 bullish perspective

29 Nis 2019

Posted a H1 idea showing potential long but H4 chart also shows potential strong support in the area between 2.382 - 2.618 fib levels; this area has proven to be a strong resistance recently and may flip to becoming a support/supply level, provided it is reached. Confluence of fib/pivots is clear.

2 May 2019

Not

Nice move off the 2.382, let's see if this bullish momentum continues

18 May 2019

Not

Pair still range bound since early May, which allows for sell high and buy low. Long term, still looking to long this pair until 1.365. Best long entries would be between 2.382-2.618 Fib area, proving to be a strong support zone so far.