USDCAD going long
USDCAD broke out of its trendline and restested it ( on the daily timeframe )
Now in the smaller timeframe this pair has been going in a uptrend. price is now close to its lower trendline so we want to see price respecting this trendline before we get in.
USDCAD has also formed 2 harmonics also indicating that this pair is going up. I am currently looking for a rectangle continuation pattern so i can trade the breakout.
Now in the smaller timeframe this pair has been going in a uptrend. price is now close to its lower trendline so we want to see price respecting this trendline before we get in.
USDCAD has also formed 2 harmonics also indicating that this pair is going up. I am currently looking for a rectangle continuation pattern so i can trade the breakout.
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