USDCAD MOVED AS PREDICTED
On Monday, I was confident that USDCAD was set for a bullish move. All indicators pointed towards an upcoming surge in momentum. I just needed to wait for another bullish flag to form, which it began to do. But then the CPI report came out, disrupting everything and wrecking the market structure. As usual, after such news, the price tried to revert to its original direction. Eventually, I spotted a double bottom—a perfect signal to execute the trade.
Penafian
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