Bullish on consolidation break
USDCAD has been accumulating their longs and is ready to make a move up.
The consolidation is very likely an accumulation because the RSI has been going up during all this time.
The overall longer term weekly trend is still down tho, so I am expecting a reversal at the next order block.
The consolidation is very likely an accumulation because the RSI has been going up during all this time.
The overall longer term weekly trend is still down tho, so I am expecting a reversal at the next order block.
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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.