Regular bullish divergence with lower lows in prices and higher RSI lows. The long position was great. We expect to have further bull movement but just need a little confirmation (a flag would be perfect).
Market seeing a possibly strong buy but might also go into a channel between a support & resistance
Conflict between two divergences with one implying a continuing bull signal following up the one signalling a reversal
=> possibly more uptrend but conflicted. Long pos is good if price breaks above resistence or does confirmation once broke up.
USDCAD would see an upside from days of downtrend with the appearance of a bullish regular divergence.
- Lower lows and higher RSI + Stoch lows
- Trade's probably best entered above the longer SMAs.
