🔸Hello traders, let's review the 1H chart for USDCAD today. Speculative
XABCD reversal structure in progress, point D/PRZ requires confirmation.
🔸Structure is defined by point X 4030, point A 3940 point B 4010,
point C 3920, point D 4040. D/PRZ at 4040 still pending.
🔸Recommended strategy for USDCAD traders: wait for price to max out
hit PRZ/D at/near 4040, short sell, SL 40 pips, TP1 +100 pips TP2 +200 pips. good luck traders!
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