USDCAD previous down trend has ended, potential uptrend can occur if it breaks through my resistance levels as illustrated on the diagram until reaches high at the purple rectangle.
*note* - uptrend could also become a correction if the market doesn't break through my resistance levels but could retrace back to original direction and then continue as an uptrend.
What does everyone else think ?
*note* - uptrend could also become a correction if the market doesn't break through my resistance levels but could retrace back to original direction and then continue as an uptrend.
What does everyone else think ?