USDCAD Long Postion following uptrend
USDCAD looking for a nice long bounce in the upward channel. The reasons I am looking to focus on buyying on this quick dip:
1. Long and Firm upward channel. Just bounced off the bottom of the channel line. +2
2. MACD is downside below the 0.0 however it looks to be crossing now and will be heading up. +.5
3. Fractal was just made signaling a turn around of the downward dip to touch the bottom of the channel. (1.5)
1. Long and Firm upward channel. Just bounced off the bottom of the channel line. +2
2. MACD is downside below the 0.0 however it looks to be crossing now and will be heading up. +.5
3. Fractal was just made signaling a turn around of the downward dip to touch the bottom of the channel. (1.5)
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