VanguardFXTradeDesk

USDCAD:Bullish Flag Formation Complete, LONG TRADE from 1.3156

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
We never take trade on 4 hours charts developments. Current Bullish-Flag is visible on DAILY TIME FRAME chart also but 4-HOURS CHART shows more clarity.
We noted bearish signals on 1 Nov and wrote about it But didn't enter short. But Now, KING DOLLAR has taken the control back. ON 5th NOV a bullish signal on DAILY CHART. Bullish Flag also formed.
Both Technical and Fundamentals are aligned in Bullish Favor now.
We are long from 1.3156 with initial target of 1.3271.

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