USDCAD, LONG

Price action is developing a flat formation which we may see one more leg down before the next impulse phase.

We can see a clear uptrend in the HTF which a long opportunity at the bottom of this structure giving is double bottoms would be a good opportunity to buy.

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Beyond Technical AnalysisbeyondtechnicalanalysisDouble Top or BottomFLATfundamentalanalsysisimpulseandcorrectionmultitimeframeanalysisriskmangementtrendanalyisisTrend Analysis

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