USDCAD price forecast
Waiting to see something close to this before taking a long position in this pair. We saw a massive push to downside to the H1 lower trendline where price has only touched twice and thus indicating a possible uptrend continuation.
But then again, I connected the other highs with the red trendline and it gives me a possibility of price pushing downwards to that trendline indicated with the green eclipse.
Thats why I will only enter the trade if it gives me the confirmation I am waiting. with 2 targets as shown
But then again, I connected the other highs with the red trendline and it gives me a possibility of price pushing downwards to that trendline indicated with the green eclipse.
Thats why I will only enter the trade if it gives me the confirmation I am waiting. with 2 targets as shown
Penafian
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