Hai traders, here's my analysis for USDCAD. Price has made descending channel, break the previous lower high in lower TF and I assume it'll continuo bullish. but if price showing impulsive to down trend then I will cancel my order. If you have different opinions feel fee to comment below, I am just a newbie in trading :)
I am technical trader I assume xauusd will bull because price has made ascending channel and wedges in Lower TF that means price has lower momentum to the down side. I'll waiting for a clear impulse tu upside and entry at the first correction.
ascending formation confirm, broken low confirmed, price is will be in bearish movement, btw ithink dxy will riase also.
the current impulsive confirm that we are now at bullish trend, right now I am waiting for retest, triangle or flag pattern pattern. #Cigandchart
euraud in bullish trend, triangle pattern confirm and potential to reject to resisten level. But it can also to reject stay netral bro!