USDCAD - K.I.S.S. 😁

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

I find USDCAD chart interesting as it has been following the basic laws of market structure.

📚 So let's keep it simple => K.I.S.S. Keep it simple, samurai ;)

📈 First the bulls took over by breaking above the previous major high in gray, and USDCAD started to make higher highs and higher lows.

📉 Then the bears took over by breaking below the last major low, followed by lower lows and lower highs.

📈 Last week, the bulls took over again and USDCAD has been bullish ever since.

📉 Now for the bears to take over, we need a break below the last current major low highlighted in gray.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich