USDCAD price action looks like it could potentialy go upside for some time. We could see huge decline in previous weeks and we could see retrace for at least a broken trendline and daily resistance. We can see that UC is ranging in green box and between two minor resistances.
For a clear upside movement i'm awaiting box + minor support break and retest (As you can see Arrows) Upside target is 1.34000 area of Daily resistance (multiple touches from 2018).
Good luck and dont forget to trade carefuly guys.!
Trade active
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Comment
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Trade closed: target reached
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We almost at our target. I'm taking partial profits
most people on tradingview are short this pair so that probably means you are correct as the crowd is normally wrong
ForexThief
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@marberisking, I love going against the crowd ;) Thanks for support.
thelifeIlead_
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@marberisking, dead right lmao
MyLifeFx
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?Buy now,sir???
ForexThief
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@tranhuuhuy, Yes, I'm currently in long. If you gonna trade, don't forget to Money and Risk management (and use stop loss ofcourse). Thanks for Support