Hello Traders,
USDCAD broken a descending trendline and a support & resistance zone.
Price has retested the broken zone and printed a bullish engulfing candle.
Price has the potential to continue moving higher in wave 3.
The break is a great buy confirmation while the red line is the invalidation zone.
Best of luck on the chart,
FadiZakka
USDCAD broken a descending trendline and a support & resistance zone.
Price has retested the broken zone and printed a bullish engulfing candle.
Price has the potential to continue moving higher in wave 3.
The break is a great buy confirmation while the red line is the invalidation zone.
Best of luck on the chart,
FadiZakka
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