USDCAD POTENTIAL REVERSAL FOR A NEW HEALTHY UPTREND
USDCAD make a break of structure for a new higher high.
At this moment, we remark the price is retracing finding the FVG (Buy area) to continue his uptrend.
I draw a potential area of FVG where the price can possibly bounce up for sure for a new higher high may be or 30-50 pips up.
The red line I draw is the area of CHOCH. In case the price break it, we will see a new trend of the price to the downside.
Good luck!
At this moment, we remark the price is retracing finding the FVG (Buy area) to continue his uptrend.
I draw a potential area of FVG where the price can possibly bounce up for sure for a new higher high may be or 30-50 pips up.
The red line I draw is the area of CHOCH. In case the price break it, we will see a new trend of the price to the downside.
Good luck!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.