USDCAD simple buy to the recent tops
Hi everyone:
Here on USDCAD, we have a nice bullish momentum to the upside, followed by a continuation correction.
Since the correction is finished and we see break out from that structure, it gives me extra confluence that a bullish momentum will continue, at least to the recent top.
I will go down to lower time frame and look for small correction to enter the buy.
Thank you
Here on USDCAD, we have a nice bullish momentum to the upside, followed by a continuation correction.
Since the correction is finished and we see break out from that structure, it gives me extra confluence that a bullish momentum will continue, at least to the recent top.
I will go down to lower time frame and look for small correction to enter the buy.
Thank you
Note
Look for buy opportunities here, wait for a continuation correction, Note
Note
Price broke out of the larger flag structure, look on lower time frame for continuation correction to go up.Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.