KeraTrader

USDCAD LONG OPPORTUNITY 4HR AND D ...MY OPINION(S)

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
EMA Crossing on 4hr TF, but even so, I'm awaiting daily candle close confirmation near the 'Spring' area in order to move in and hopefully profit at the .50% fib. mark.

Breakdown:

1. Touching Daily long-term trend Support Area & at Ascending Support;
2. Within Upward Channel
3. EMA crossing (4hr)
4. Appears to be a change in Polarity

PS: If it goes past current Support (1.29615), I think it will try to head near Weekly Support of 1.25235 dated back to May 3rd, 2016

Thanks,
Lakera
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