Bullish Again on the USDCAD
On this pair, we see bullishness across multiple timeframes. Market is bullish on the Monthly chart, all the way down to the 1-hour chart.
On the 1-hour chart, we see the market has just made a new high with 6 PBs up.
We are expecting the price to retrace bearish into the PB, come into our refined zone, and from there we will watch out for bullish reversals to take our trade long. Our targer for this trade will be the 1-hour liquidity target above.
On the 1-hour chart, we see the market has just made a new high with 6 PBs up.
We are expecting the price to retrace bearish into the PB, come into our refined zone, and from there we will watch out for bullish reversals to take our trade long. Our targer for this trade will be the 1-hour liquidity target above.
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