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jojofang0901

USDCAD Big Reversal Coming, Don't miss the buy

Long
Dollar Américain / Dollar Canadien (OANDA:USDCAD)  
jojofang0901 Mis à jour   
OANDA:USDCAD   Dollar Américain / Dollar Canadien
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
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chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hello everyone:

Looking at USDCAD here to have the bullish reversal in the up coming weeks.

WE see higher time frame descending channel correction, very good indication the price isn't getting push down anymore.

As the latest price pushes down to the bottom of the structure, and a lower time frame expanding structure formed.

As we know expanding structures can be both reversal and continuation, so its best we see a confirmed breakout from that structure, and any LTF correction buy to get in on this big reversal.

Thank you
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