Hello traders:
Once again we are looking at USDCAD for some potential bullish reversal price action.
Price begin this HTF descending channel once it reaches the HTF double bottoms area. This is a good sign that we may see bullish price action eventually.
Latest price also give us a LTF descending channel, correcting within the larger structure.
Look for bullish continuation corrections to get in on the buys.
Thank you