TradingEW
Long

USDCAD LONG setup of the month

FX:USDCAD   U.S. Dollar / Canadian Dollar
71 views
2
This pair completed an abc zigzag correction 4 at a Fib retracement level and resumed on 5.
Now setting up on deep retracement wave (2), with buy limit @ 1.3765, SL @ invalidation of lower channel line for better R/R.
Trade closed: stop reached

Comments

Extending it's correction 4 further down, while the prospect of resuming trend is still UP.
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Update & waiting confirmation of reversal:
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