Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDCAD Look for bullish continuations
U.S. Dollar / Canadian Dollar
Long
USDCAD Look for bullish continuations
By jojofang0901
Follow
Follow
Updated
Jul 7, 2021
6
1
Cheer
Cheer
44
44
Jul 6, 2021
Hi everyone:
USDCAD is also showing strong bullish price action,
and we can expect some buy opportunities if continuations price formed.
We can see price has already pushed up from the reversal correction at the bottom of the descending channel.
Strong bullish push up from the price, naturally will need to correct before the resume of the next impulse phase.
We did see a continuation structure form, and a breakout from that correction.
So the confirmation now would be to wait for a LTF continuation correction to form and complete,
to give us the buy entry to the next highs.
Thank you
Jul 7, 2021
Comment
Jul 19, 2021
Comment
Chart Patterns
correction
Flag
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
Follow
Also on:
Related publications
USDCAD Lookout for bullish reversal.
by jojofang0901
Published
USDCAD Multi-Time Frame Analysis, Top-Down View
by jojofang0901
Published
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
.