Prome

USDCAD long mid/long term

Long
Prome Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi guys,
usdcad has just bounced from a weekly dynamic resistance and I would expect a buy for short term.
I also expect a retracement before the next big move to the upside from the ctl highlighted in the chart.

Happy trading
Trade closed: target reached:
first target reached (the outer trend line)
Let's wait for price action formation before going short
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.