USD / CAD POTENTIAL BULLISH OPPORTUNITIY.
https://www.tradingview.com/x/d6SEOdKo/
DESCRIPTION:
DESCRIPTION:
- As we can clearly see USD / CAD in a simple trading feature has broken the very strong resistance on a very strong weekly TF.
- The pair has retested the broken area then rapidly moved up ( break and retest ) as we understand it , giving us further indication that this is no fake out or there is potential to look for bullish gain.
- 200 and 50 EMA are below the range further solidifying for this pair momentum.
- Lastly again a demand zone after break and retest has also been broken and the price again went up , giving us a extra strong hint of price future direction.
- A potential to go long is there , I will be looking to enter on smaller TF , on given opportunities.
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