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mngFX

USDCAD, LONG

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
mngFX  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Beyond Technical Analysis Double Top or Bottom FLAT beyondtechnicalanalysis trendanalyisis multitimeframeanalysis riskmangement impulseandcorrection fundamentalanalsysis
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trendanalysis beyondta doubletoporbottom flat beyondtechnicalanalysis trendanalyisis multitimeframeanalysis riskmangement impulseandcorrection fundamentalanalsysis
Price action is developing a flat formation which we may see one more leg down before the next impulse phase.

We can see a clear uptrend in the HTF which a long opportunity at the bottom of this structure giving is double bottoms would be a good opportunity to buy.

Thanks
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