Buy Opportunity on USDCAD
Even though I just got out of a trade last night with UsdCad, it appears another trading opportunity may be setting up. Price is heavily retracing back to the weekly support/resistance level and daily non-horizontal support level.
The previous uptrend structure that price has created, along with the couple of confluences leads me to believe that we may have a bullish rally around this level of interest. Just patiently waiting on the sidelines until then.
The previous uptrend structure that price has created, along with the couple of confluences leads me to believe that we may have a bullish rally around this level of interest. Just patiently waiting on the sidelines until then.
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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.