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USDCAD - Possible Trend Change

The Story:

  1. We have touched the bottom of a Major Weekly Support

  2. Progressive Volume Rate shows buyers at the bottom

  3. Highest Up Volume Wave since February

  4. Plutus Long on the retracement of the huge up wave

As long as we do not see any High Volume Down Waves with Linear Pips Move or High Up Waves with Small Pip moves and prices breaking lows we are going UP.

All we need to see now is Higher Up waves with Linear Pip moves than Down waves or High Down Volume waves with Small Pip moves and price breaking highs. Of course the level can be retested and can be re bought.



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