USDCAD Buy at retest of support-Fibonacci Confluence
1H Chart for clearer PA due to the 4H was pretty steep and compressed. Dollar is aggressively bullish and will continue that way till the beginning of 2023.
Price may retrace to 0.382 or 0.618. From both levels I am expecting a bullish continuation after the retest. if it breaks downwards the 0.618 and closes the 4H candle below the zone, this scenarios is not valid anymore.See also the respect to the trend lines.
Best of luck!!
Price may retrace to 0.382 or 0.618. From both levels I am expecting a bullish continuation after the retest. if it breaks downwards the 0.618 and closes the 4H candle below the zone, this scenarios is not valid anymore.See also the respect to the trend lines.
Best of luck!!
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TP smashed !!!