We are currently targeting a long position on USDCAD
- Price already completed the AB=CD pattern
- H4 chart already showing divergence
- Wait for the break of the TL and go Long till 1.27472
- Stop Loss should be place at 1.24917
GBPNZD finally escaped our resistance trendline without touching our support trendline.. We would wait for a retest which might probably take us back down there.
The art of trading
Should be expecting a bit of an uptrend
Looking back at our previous analysis for this pair, we can also see an inter trendline within this pair... Should be a good opportunity to take advantage of
Breakout here, price finally looking to retest our structure level as well as resistance Trendline.
The bigger picture
Let's keep it simple
Live to trade another day