BrokerNightmare

USDCAD LONG AFTER RETRACEMENT

OANDA:USDCAD   미국 달러 / 캐나다 달러
The pair made a massive push to the upside and it is expected for price to correct after any impulsive. it is expected for price to retrace to the monthly support trend line that was broken and then after, push back (LAW OF PRICE ACTION)

for confluence, the pivot point of the previous day have been marked on the charts to show precise turning points of price {yellow horizontal lines}
and S1 coincides with the monthly support line.

General Market sentiment is bullish. ONLY look to take Longs. 👍👍

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