USD/CAD Bullish Bounce Fueled by T-89 Pattern
The USD/CAD has formed a bullish SHS pattern. A bounce off the POC zone 1.3360-70 targets upper camarilla levels
Additionally, the price has formed a T-89 pattern which is a bit bullish as it comes with now moment buyers and rejection off the D H4 camarilla level. If the bullish momentum persists we should see 1.3376, 1.3401 and 1.3420 as the final target. For a continuous bullish domination on intraday level the price should ideally stay above the D L3 level. Above W H3 1.3420 we should expect more bulls to join.
The analysis has been done with the
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Many green pips,
Nenad Kerkez aka Tarantula FX