OANDA:USDCAD   U.S. Dollar / Canadian Dollar
U see the zone and TDI divergence. It is now creating a downward diagonal pattern. This could swing up for a 7 but may want to TP 1 at 62% of move down and TP 2 go for the big one. I would prefer to enter this trade based on confirmation of the diagonal breakout but with NFP tomorrow may not get that. Trade carefully Friday. If u need a better look at my levels refer to my last ucad post.

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.