As normal everyone is waiting for the big BEAR but not this week. Price could move down and bounce or continue BULLISH and break the channel(orange). Price is in a squeeze on MACD...the pressure should make for a nice impulse. Expecting a rise back to the top of the major pattern...lets watch Oil prices and see what CAD will do...
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Price didnt move down but did break the trendline bullish....new pattern now...waiting for the bearish move...price can move up more before falling
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fxxxxtrader
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Are you long yet ???
bgj101
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@fxxxxtrader, Ive been long USDCAD at 1.30555......these TV ideas are for short to medium term trades...I take long & medium term trades....sometimes when I have time...I take the occasional swing or day trade...