09.02.2024
The trend is ascending. The downward wave structure is truncated. The currency pair is traded in the range between 365 и 135 ЕМА. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the formation of the ascending wave structure, when the wave A breaches the sloping channel of the downward truncated structure.
Stop-Loss at 3447.
Target price levels at 1.3520 and 1.3541.
#usdcad #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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