USDCAD: Bullish Wave on the Horizon?
From early April to early May, USDCAD moved within a broad accumulation pattern without a clear direction.
However, in the past week, the pair made its first bullish wave, climbing nearly 260 pips.
Now, USDCAD appears to be accumulating once again, potentially setting up for another bullish wave.
If this momentum continues, the price may extend toward the 1.4100 and 1.4200 levels.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
From early April to early May, USDCAD moved within a broad accumulation pattern without a clear direction.
However, in the past week, the pair made its first bullish wave, climbing nearly 260 pips.
Now, USDCAD appears to be accumulating once again, potentially setting up for another bullish wave.
If this momentum continues, the price may extend toward the 1.4100 and 1.4200 levels.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.