TomProTrader

USDCAD understanding structure correctly

FX:USDCAD   U.S. Dollar / Canadian Dollar
270 0 13
Hi guys,

I got a request to look at this chart and I am posting it because the structure offers opportunities!

I am expecting the pair USDCAD             to break structure, but the question is, is the correction over? I guess we will soon know. Maybe one more move up before the next down impulse.

Thank you for your support.
Comment: An indecision candle today. Does this mean it could bounce into the highs? I guess we will soon find out.
Comment: Buying pressure continues at the lows of structure, will price bounce back up?
Comment: Price broke out of bottom structure. Wait for a retest for a sell set up
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