USDCAD is using a strong structure as support and this morning has formed a Double Bottom.
We could see a consolidation waiting for the upcoming news on the USD this afternoon and then the market should take a direction.
Look left when you set your stop loss because there is a structure to consider (change to H4 timeframe)
If you want to be prudent you could wait a 2618 setup.
Good trade !
We could see a consolidation waiting for the upcoming news on the USD this afternoon and then the market should take a direction.
Look left when you set your stop loss because there is a structure to consider (change to H4 timeframe)
If you want to be prudent you could wait a 2618 setup.
Good trade !
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