FX:USDCAD   U.S. Dollar / Canadian Dollar
as we can see simply
if the price could break that red support line it will go down to the blue trend line < at least > an we can take a position in this case with 50 to 80 pips
I also see a small head & shoulders pattern it will complete and confirm with the break of that strong support line

and if the price goes up we will wait till he goes further than the head price level and takes a small position with around 60 pips

Please, guys, be careful and choose your entry and exit point carefully

For any updates just follow me and press like button for more reach
Share with me your thoughts let's learn from each other
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.