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USDCAD POTENTIAL LONG FORMATION IN PROGRESS
U.S. Dollar / Canadian Dollar
Short
USDCAD POTENTIAL LONG FORMATION IN PROGRESS
By NDOBObanks
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Updated
Jun 3, 2023
0
May 25, 2023
USDCAD seems to have turned bullish on multiple time frames. We are waiting for a correction to end on the lower time frames before we enter long.
Various factors and patterns supporting out bullish stance has been plotted on the price chart.
May 26, 2023
Note
The correction seems to have started on the lower time frames as we wait for a better entry.
Jun 3, 2023
Order cancelled
Price turned bearish on higher time frames so trade got cancelled.
Beyond Technical Analysis
Chart Patterns
Trend Analysis
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