Hello traders, USDCAD is preparing for a move to the upside. After a long descending channel price broke out aggresively and retesting the structure.
As you can see the price kept the highlighted area and moved to the upside and formed a bullish flag.
Average RR 1:5
high potential for this trade so after you see some commitment, an impulse and a bullish flag in 1hr or 30min timeframe go for it.
Lets see how it plays out.
As you can see the price kept the highlighted area and moved to the upside and formed a bullish flag.
Average RR 1:5
high potential for this trade so after you see some commitment, an impulse and a bullish flag in 1hr or 30min timeframe go for it.
Lets see how it plays out.
Comment:
Already 130pips profit