Hello Friends USDCAD is Still in Bearish Trend in High Time Frame. But in Lower Time Frame It Has Created Double Bottom Pattern and Reached to Daily Support Zone. We Can Enter Long Position for an Scalp trade. Good Luck.
hello friends as you see , Price has rejected after reaching to high time frame supply zone ( weekly trend line and top of rising wedge). then price has broken out of rising wedge to the downside and retested the bottom of rising wedge pattern successfully. i expect this pair go down to 0.7600 for tp1 and 0.7400 for tp2. But, you can enter short ...