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TheAnonymousBanker
Apr 13, 2023 4:13 PM

USCAD: Rebound in short term? Long

USD/CADOANDA

Description

The main trend is bearish, but in the short term we cannot rule out some corrective (bullish) structure. That being said FX:USDCAD pair might find support area around 1.3320, from here technical rebound is possible.

Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below

Trade closed: target reached

Target 1 hit

Trade closed: target reached

TARGET 2 hit 💗

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Trade closed: target reached

TP3 hit 💗

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...still bullish?

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👍

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Like if updates make you happy

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...still bullish

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With the resistance area breakout, the pair successfully triggered another bullish leg reaching 1.3565. The technical structure in play is very clear, and the developing pattern will give us even more new setups to trade in the next sessions. "Like & Comment" if new updates make you happy.

Comments
financialfreedomgoals101
Agree on the Bullish Outlook Bro!
TheAnonymousBanker
@financialfreedomgoals101, thank you for sharing! ...potential ABCDE Pattern here:
BiBiForex
Great Stuff, thank you!
TheAnonymousBanker
@nikfinance, 👍
UnknownUnicorn15614419
Fantastic post, very well written. Checked the asset on all the indicators that are important to me, and they are also in favor of the idea. Have a good trade!
TheAnonymousBanker
@TradingStat, 😂
BigBrother50
what do you think the price will reverse now according to main bearish trend or it will make bulish pattern?
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