The W pattern has shown up on the daily chart. This is a strongly bullish pattern and we should see a move up.
USD/CAD Technical Analysis
Move up is imminent
W / Adam & Adam
Q H5 is the next target
Daily TF strong;y bullish
Daily Chart USD/CAD
Swing low
W breakout
Double bottom
Target
The W pattern has shown up on the daily chart. This is a strongly bullish pattern and we should see a move up. My position is long around 1.2660 and the first target is the intraday projection at 1.2935. If the price proceeds higher then look for the 1.2980 zone. Look for stronger USD and even weaker CAD if the price breaks Q H5 which is a very strong resistance level.
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