USDCAD TREND-FOLLOWING

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

USDCAD TREND-FOLLOWING. 📚

👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising channel.

👉 And price recently rejected clearly our upper resistance zone, and our correction started, Moreover, we are interested in looking for new impulse as we are still overall bullish.

👉As per my trading plan, I will be waiting for the price to be approaching my marked support zone, lining up with our rising trendline, then I will be zooming into lower time frame to be looking for any bullish reversal pattern, catching the next impulse wave.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!