Ideas on what could happen. Always react to what the market is showing you. Patience always pays.
Just a Basic Analysis on different scenarios that can occur
Waiting for Bearish signal on HTF but looking good for a short Seeing a Double Top at H4 S/R
Potential Buy with countertrend H&S pattern up to exhaustion/38.2 FIB Once Price Action & Momentum shows, Potential Sell to the -27%
Waiting for: Break of Support Double Top with rejection @88.6 again
Waiting to see what occurs within this zone Will it break Support or break trendline for a counter trend
Watching From the Sidelines could retest and go up Expecting Bullish Momentum
Wait to see what Price Action Not Trading, Just watching for now
Wait to see when market opens & what price action does Expecting retracement but not guaranteed with current Fundamentals Watch and see what occurs
Lets see how the markets open and what Price does Always wait for confirmation before entering Could continue going up with no Retracements
Potential Sell Opportunity Wait for Confirmation Potential Sell Limit
So far usdcad has been going smoothly, we expect a continuation to the uptrend..... any long on uc should be for the coming week only...then u read price action to know wats next.