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jojofang0901

USDCAD Bullish price action to the recent tops

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
jojofang0901  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Chart Patterns Parallel Channel Flag priceaction structure pattern Wedge
13
2
chartpattern parallelchannel flagpattern priceaction structure pattern wedgepattern

Hello Traders:

Looking at USDCAD's price action on the LTF.

Price has been in this larger corrective structure since the bearish impulsive move.

We see a few swing highs and lows, and a double bottom from the price action.

Latest move was a LTF push up, followed by a continuation flag structure.

Look for the breakout from the flag to the recent tops, and see how further price action will develop in this general area.

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