Cenotaph

USDCAD Buy after retracement

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
1) Bull Triangle forming on major price level 1.312
2) Pitchfork suggest more up movement expected (reversal to median)
3) Wait for reversal around 1.3 price level for a good entry to long (see coming week how this develops)

The sign are go for a bullish move somewhere next week or the week after. It looks to reverse around the SR zone first, so wait for a better entry to buy.

Be aware of USD news and CAD news coming week.

Good trading all!
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