harisonhbn9718

USD/CAD: new bullish perspective in formation

Long
FOREXCOM:USDCAD   US-Dollar / Kanadischer Dollar
USD/CAD forming a envolving bullish pattern in the price action recently. I mark with blue arrow the key to watch because we're in the manipulation key to watch in USD/CAD in formation to get this trade at favor of this manipulation what I see. Before to make this analysis, I hope that USD/CAD continue to drop, but the candlestick closed up with bullish signal to look in this chart.


So, as the result was an envolving bullish pattern, I see that this could to be a momentum of change of trend what I see an opportunity to find up 177 pips in this trade

So, I entry around $1.2792 CAD and SL to $1.2745 CAD and target to $1.2969 CAD

I hope that this idea support you!!!

The previously analysis was an idea by fundamental analysis, but what I see about the recently envolving bullish pattern, it's just an indication that this will be bullish and we're in the demand zone over here.




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