USDCAD - Point of control of the Year 2018

We can see strong uptrend on USDCAD i the whole year 2018... For that reason i expect continuation this uptrend in the Year 2019.

After correction to the 50 % fibonacci retracement moved up of the Year 2018, can be possible change trend up on USDCAD right now on price level 1.30262...

50 % moved up is so near to the Point of control of the year 2018.... So there is a lot of confirmation for the trend reversal...

1. ABCD GARTLEY

2. POC OF THE YEAR 2018 ( Volume cluster )

3. STRONG UPTREND in 2018

Happy trading

Dale