A double bottom seems to be forming on USDCAD. We can look for potential move to the upside. However, there is not enough confirmation for the move as yet. So we wait.
If you would like to know when I enter this trade or for more idea, like and comment.
are you not aware of the long term trendline down???
UnknownUnicorn8360477
⋅
@HemiBillions yes I am aware. However, the move was not impossible. I did state there was no confirmation for long opportunity and I didn’t enter any position for this pair.