usdcad d1 ihs best level to buy/short tp +250 pips

🔸Hello guys, let's review the updated daily chart for USDCAD today. Bullish
impulse in progress since we hit a strong bottom / reversed off the lows at
3150, right now expecting more upside in this market and recommend to
focus on buying dips / accumulating. bulls maintain strategic control.

🔸Short-term pullbacks on lower timeframes present a great buying opportunity
bulls should focus on buying any dips in USDCAD. IHS in progress, neckline / target
for the bulls sent overhead at 3800, so solid upside still remains until we hit fresh
overhead supply later.

🔸Recommended strategy BULLS: accumulate dips / focus on buying into weak
pullbacks, TP bulls is 3800. BEARS should focus on short selling from fresh overhead
supply later, closer to 3800/3810, TP bears is key mirror S/R at 3340, however
immediate TP1 is +150 pips TP2 +300 pips from overhead resistance. swing
trade setup so naturally this will take more time to hit targets. good luck traders!

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