The USDCAD is making a corrective structure , buying the breakout looks like a good idea.
Cad has already moved quite a lot without any higher degree correction so trade this with care.
If is makes one more down move within the correction buying off the trend line might also be a good idea but with higher risk.
Trade with a tested strategy.
Thank you for your support.
Cad has already moved quite a lot without any higher degree correction so trade this with care.
If is makes one more down move within the correction buying off the trend line might also be a good idea but with higher risk.
Trade with a tested strategy.
Thank you for your support.
Note
Why is this chart red? it did make the up move?
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YouTube: youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Related publications
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.