jojofang0901

USDCAD Reversal Is Imminent

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar

Hello traders:

Once again we are looking at USDCAD for some potential bullish reversal price action.

Price begin this HTF descending channel once it reaches the HTF double bottoms area. This is a good sign that we may see bullish price action eventually.

Latest price also give us a LTF descending channel , correcting within the larger structure.

Look for bullish continuation corrections to get in on the buys.

Thank you
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Comments

great analysis
+1 Reply
Thanks for sharing
+1 Reply
jojofang0901 P_S_trade
@P_S_trade thx 🙏
Reply
Great setup. I agree thank you
+1 Reply
@BigLava thx glad to hear that
Reply
I love this analysis. thank you for sharing
+1 Reply
@abel11 your welcome thx
Reply
Keep it up :) very nice :)))
+1 Reply
jojofang0901 Zaks_ForexSignals1
@Zaks_ForexSignals1 thx ☺️
Reply
nice shot! thanks for sharing Jojo
+1 Reply
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