USDCAD long opportunity on daily chart

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD             on the daily chart is in a downward trend as you can see on the chart. What so interesting about this long opportunity is that price break and close above this daily trend line . Once a break and close above happened now I am looking for the price to retrace to that zone where It break the trend line . Now I can assume that this zone will become a possible support area . It can also make an ABCD pattern completion as seen on the chart and the C to D leg of the move will completes just around that daily resistance level .
Watch the video to understand this setup indepth.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out