So USDCAD Price is moving into a very aggressive bullish momentum to the upside.
Here is WHY: 1. Weekly Timeframe Structure gave us a Bullish Cup and Handle chart pattern and and price is breaking out of the Handle bearish channel.
2. On Daily Timeframe that's where we spot the breaking out of the bearish channel.
3.Inside the bearish channel price formed a W double bottom which signifies bulls are ready to break the channel.
And more.....
Here is WHY: 1. Weekly Timeframe Structure gave us a Bullish Cup and Handle chart pattern and and price is breaking out of the Handle bearish channel.
2. On Daily Timeframe that's where we spot the breaking out of the bearish channel.
3.Inside the bearish channel price formed a W double bottom which signifies bulls are ready to break the channel.
And more.....
