Lets see how it plays out. Use proper risk management.
In the daily time frame, USDCAD has been on a descending channel. It is now approaching the upper trendline resistance. Look for price action to enter a short.
The lowest we can drop is 13150-13000. Wait for price action to enter buy position.
We are headed up. Wehave retested the 13600 Area, now we are going up.
Buy NAS100 using your price action knowledge. We are still going up to the 14000 Area.
We are out of the consolidation zone and we have tested, made the resistance the support. Now we can expect the pair to take us to the upside.
We have been climbing for a while. time to visit the lower trendline.
We are going bearish anytime from now, respecting the trendline.
We seem to have broken our down trend and retested the downward trendline.
We exited the down trend, and retested. This is the possible scenario