USDCAD D1 Short trend Analysis (Bullish)
Updated
D1 candles Supporting Bullish Trend Pattern.
CAD to regain bulish momemtum with release of following;
1) Retail Sales (MoM)
2) BofC Consumer Price Index Core (YoY)
3) Consumer Price Index (MoM)
CAD to regain bulish momemtum with release of following;
1) Retail Sales (MoM)
2) BofC Consumer Price Index Core (YoY)
3) Consumer Price Index (MoM)
Note
We can see in 4hr Candles that price has failed to reach 1.31. Also this is showing false breakout as it has similarly happened back in September. This gives us confirmation of perfect Sell Entry:Sell @1.30810
TP1 : 1.30350
TP2 : 1.29900
SL : 1.31150
Note
Price has considerable moved down as expected into 1.30500. there will be pullback as expected from NFP release from US. However, taret soon approaching with 2 4rh candles confirming bulish trendNote
TP 1 Hit
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