Major Pattern: Ascending Channel
Minor Pattern: Big Descending Flag
Conclusion:
There is a potential short term buy opportunity in the current market setup.
But in the bigger picture we are looking for a big sell off in this USDCAD pair.
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*
Minor Pattern: Big Descending Flag
Conclusion:
There is a potential short term buy opportunity in the current market setup.
But in the bigger picture we are looking for a big sell off in this USDCAD pair.
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*