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jojofang0901

USDCAD Reversal Is Imminent

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
jojofang0901 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Chart Patterns Flag Parallel Channel priceaction structure pattern impulse correction Wedge
16
15
chartpattern flagpattern parallelchannel priceaction structure pattern impulse correction wedgepattern

Hello traders:

Once again we are looking at USDCAD for some potential bullish reversal price action.

Price begin this HTF descending channel once it reaches the HTF double bottoms area. This is a good sign that we may see bullish price action eventually.

Latest price also give us a LTF descending channel, correcting within the larger structure.

Look for bullish continuation corrections to get in on the buys.

Thank you
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