FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
1
This is my first time marking up charts so I'm pretty excited. Any feedback or constructive criticism would be greatly appreciated. As you can see USDCAD broke thru the trendline and was rejected right after by strong support and bounced off the 38.2% Fibonacci retracement level, already showing two confirmations for a buy. Also see an alternative bullish shark pattern was formed which would then be 3 confirmations for a long on the USDCAD pair. Only thing to worry about would be Iran is in talks with OPEC about cutting back on the production of Oil, which is what caused this pair to break thru my trendline (Canadian Dollar is backed by oil). Nonetheless I love this pair on the longside. Like I said,this is my first time marking up charts so and any feedback or constructive criticism would be greatly appreciated.
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