sentinelprime

USD/CAD 1HR POSSIBLE LONG ENTRY

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
looking at current market conditions a nice descending triangle has formed after a large upward move indicating a continuation may be imminent so im am expecting a big move up this week, for today at least i would advise waiting to see if the price makes a false breakout on the next touch of the support line as the macd seems to be favoring a turnaround soon, if so im hoping to catch a nice up move and take profit around the 1.4400 level