USDCAD- Price looking promising for long development
Price has confirmed a higher high, we are now going to sit and be patient until a higher low is formed before going long, preferably out entry would be at the 50 fib level as we have a few confluences here, such as a structure level which price has respected previously, and we will be interacting with the 50EMA. Need to wait for a confirmation candlestick if we do come down to this level before entering.
Also supports my NZDUSD Short bias
Also supports my NZDUSD Short bias
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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.