USDCAD Idea 12/18/2022
Trading is all about patience. If you’re not patience, the probability of failing is very high. Here is my thoughts of USDCAD
Price closed within the zone so there are two options on this pair.
1. Price goes back down and retest zone and drop
2. Price creates double bottom and goes up to the next major zone
Look at smaller time frames for patterns such as double tops and double bottoms for more confirmation.
Remember to trade responsible. This is not a signal at all, just my thoughts.
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.