USDCAD 1D - Long
USDCAD bounced perfectly from the daily support.
Comprised of an AB=CD formation at 1.3089, a support at 1.3067 and a 161.8% Fib extension at 1.3028 (forms part of the AB=CD structure), this area likely has enough confluence to hold price.
—————————————————————
Bear Bull Traders –
The Learning community of serious traders.
Join me on Telegram - BearBullTraders
Comprised of an AB=CD formation at 1.3089, a support at 1.3067 and a 161.8% Fib extension at 1.3028 (forms part of the AB=CD structure), this area likely has enough confluence to hold price.
—————————————————————
Bear Bull Traders –
The Learning community of serious traders.
Join me on Telegram - BearBullTraders
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.