Recent market structure on the daily charts show that UsdCad has been impressively bullish over the last few months. Buyers have been showing their participation and I plan on capturing a potential bullish rally.
Scoping down to the H4 charts, price has pulled back to an interesting pivot point. This area not only includes 2 Non-Horizontal Support Levels, but also a Significant Horizontal Level.
The confluence on this setup is very apparent, now just waiting on some bullish rejection. Just some strong H4 candle closures will validate that the buyers have stepped in.
Scoping down to the H4 charts, price has pulled back to an interesting pivot point. This area not only includes 2 Non-Horizontal Support Levels, but also a Significant Horizontal Level.
The confluence on this setup is very apparent, now just waiting on some bullish rejection. Just some strong H4 candle closures will validate that the buyers have stepped in.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。