USDCAD is using a strong structure as support and this morning has formed a Double Bottom.
We could see a consolidation waiting for the upcoming news on the USD this afternoon and then the market should take a direction.
Look left when you set your stop loss because there is a structure to consider (change to H4 timeframe)
If you want to be prudent you could wait a 2618 setup.
Good trade !
We could see a consolidation waiting for the upcoming news on the USD this afternoon and then the market should take a direction.
Look left when you set your stop loss because there is a structure to consider (change to H4 timeframe)
If you want to be prudent you could wait a 2618 setup.
Good trade !
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Ricevi gratuitamente gli studi sui Pattern Armonici e di Analisi Tecnica ogni settimana sui mercati finanziari. Iscriviti qui: goo.gl/JIhOHJ
Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/
Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/
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.