USDCAD TRADE Analysis by Wave FX Academy (UPDATE)
Hi Traders, here is my analysis for this pair. Initially I had a short bias on this pair, however, as traders we must always try to be proactive.
based on market conditions and with price failing to close below Daily support "C", thus creating a double bottom in the process. I'll be expecting possible bullish momentum entering the market.
I've labeled the areas based on what I will be anticipating.
Like and Comment your thoughts . All feedbacks are welcomed.
An entry will be taken only if all rules of my strategy are satisfied.
Add this pair to your watchlist and see if the rules of your strategy provides an entry.
based on market conditions and with price failing to close below Daily support "C", thus creating a double bottom in the process. I'll be expecting possible bullish momentum entering the market.
I've labeled the areas based on what I will be anticipating.
Like and Comment your thoughts . All feedbacks are welcomed.
An entry will be taken only if all rules of my strategy are satisfied.
Add this pair to your watchlist and see if the rules of your strategy provides an entry.