Just as the trend indicated the market will be bullish till the top of the trend, The descending channel further confirms the bullish Impulse to the top of the trend. EMA backs the direction of the bullish impulse
Continuing the trend by providing a reversal after the ascending channel indicated bearish flag. A reduced risk entry allows time for the trend to be confirmed.
NEVER USE MORE THAN 1% ON ANY TRADES
This pair has been impulsing bearish, my thoughts are that the market will continue its impulsive trend. currently standing at a great moment to be working on your scaling in entry points.
A simple trend analysis for USD/CAD, currently in a correction/consolidation period supporting the bullish impulse from the descending channel, entry points for the bullish trade are revealing themselves. More insight on the markets this week would be more than greatly appreciated. Many lucrative are showing lots of valid entry points this week stay tuned
