USD/CAD: new bullish perspective in formation
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.
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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