farid_ardavani
Long

USDCAD starting for upside

FX:USDCAD   U.S. Dollar/Canadian Dollar
this is based on my previous forcast that this correction is about to end and it has been ended as ending diagonal .
Comment: bigger picture of what i see and why i think its going upside for mid term
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Comment: its in the correction and break above the correction is a trigger for long setup.
it seems that flat type of correction has not complete yet, but because we have NFP today, it may break above the correction earlier.

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Comment: Long entry setup.
tonight is FOMC meeting which is a fundamental news, it can makes huge moves to both sides, so for long side I have entry order but I don't interested in short side. If it moves to down, I don't want to be in it until I see a correction and changing in structure.

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Comment: is it forming an irregular failure flat..? I hope so, because if its true, we will have a huge wave to the upside. if not, we are going for some kind of complex correction.
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