Dear traders,
Follow me to get updates because daytrading moves faster than normal.
We have been watching usdcad very closely, and expect the next move up before the weekend starts.
After an impulsive move up, we came down slowly but surely completing 3-waves retracement.
Why not enter now? We still have a double resistance, 1 is a counter-trendline, the other is the structure level.
So after the break of both, we will put our entry on the retest of structure which will be around the orange area.
Have a good weekend and don’t forget to follow!
Follow me to get updates because daytrading moves faster than normal.
We have been watching usdcad very closely, and expect the next move up before the weekend starts.
After an impulsive move up, we came down slowly but surely completing 3-waves retracement.
Why not enter now? We still have a double resistance, 1 is a counter-trendline, the other is the structure level.
So after the break of both, we will put our entry on the retest of structure which will be around the orange area.
Have a good weekend and don’t forget to follow!