USDCAD Potentially Bullish

22 Kas 2024

USDCAD Broke out of a major zone @1.39531 retested it and at the moment forming a double bottom around the zone. This point looks good for an entry, however, I will rather wait for price to break out of the double bottom neckline (to allow for a break in pattern of the lower lows and lower highs seen on H4) and its retest before going long.

Waiting is the name of the game! Fingers crossed and eyes on the ball

Past results does not guarantee future results, employ proper risk management on all your trades and do your analysis

#USDCAD

3 Ara 2024

İşlem aktif

Took a long time before breaking out and eventually coming back for the retest. Market is on its way and targeting 1.41368 area as the first Take Profit target. Trail your stops for more locked in profits