USDCAD LONG SETUP, BREAKOUT FROM WEDGE
Hi everyone:
Nice potential pullback can be happening here on USDCAD. We can see on the 4 hr chart the price action is over extended and in need of a pullback. The price action is currently forming a falling wedge, a reversal potential to the upside.
Potential target at 1.2800, 38.20% retracement on the daily chart.
Thank you for your support and feedback.
JoJo
Nice potential pullback can be happening here on USDCAD. We can see on the 4 hr chart the price action is over extended and in need of a pullback. The price action is currently forming a falling wedge, a reversal potential to the upside.
Potential target at 1.2800, 38.20% retracement on the daily chart.
Thank you for your support and feedback.
JoJo
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