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FadiZakka

USDCAD Long Opportunity

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
FadiZakka  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD USD CAD buy opportunity trade IDEA SELL
4
0
trendanalysis chartpattern usdcad usd cad buy opportunity trade idea sell
Hello Traders,

USDCAD broken a descending trendline and a support & resistance zone.
Price has retested the broken zone and printed a bullish engulfing candle.
Price has the potential to continue moving higher in wave 3.
The break is a great buy confirmation while the red line is the invalidation zone.

Best of luck on the chart,
FadiZakka
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