USD/CAD Possible Long

USD/CAD Multiple Time Frame Technical Analysis:

Forecast Scenarios:
A.1- If the Price Completed the Head And Shoulder Pattern around the Level of 1.39 to 1.40 (- Minor Resistance Level -).
A.2- If the Price Showed Bullish Action and broke above that level.
-- The Price is supposed to hit the Target Level 1 within the range of 1.423 -- (-- Normal Risk --)

B.1- If the Price broke above the 1.41 (- Resistance Level-) with a minor retest.
-- The Price is supposed to hit the Target Level 1 within the range of 1.423 -- (-- High Risk --)


-- The Price is supposed to hit the Target Level 2 within the range of 1.44 -- (-- Low Risk --)

(-- Take Care of Hedge Funds Hunting Stop Losses --)
Trade Wisely

Note:
- These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
- No Hedge Funds Analysis were included in the analysis. (-- Please Consider --)

Comentário:

First Confirmation Reached.
Waiting for to Show Bullish Movement.