USDCAD Bullish possible trade

HTF (D) - The market has been in a bearish movement and now started to form an ascending channel.

HTF (4H) - Broke from a descending channel after touching 3 times into the bottom of the daily correction move, with a nice impulsive move out to the upside, indicating a good bullish opportunity.

LTF (1H) - The market now needs to show a nice correction pattern before continuing its bullish momentum.
bullishmomentumDescending ChannelhighprobabilityMultiple Time Frame AnalysisParallel ChannelTrend Linestripplebottom

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