USDCAD elementary trading structure

Base on our expectation yesterday, we expected the USDCAD to obey an ICT trading pattern then go bullish but unfortunately, yesterday’s market decision shows that USDCAD is critically obeying an elementary trading pattern. USDCAD is critically following a trend line with a good market structure of higher highs and lows. The structure structure of the market is giving us a more highs from USDCAD this week. Then, we’ll calmly wait for the USDCAD to obey the trendline for the very last time and form a bullish engulfing before entering the trade.