of course usdcad swing setup is still bearish, however for now we have a good counter-trend trade. price made a peak formation at the bottom with a w setup and retraced for the retest and confirmed the rejection with another w setup. if you have not entered yet, you can wait to aim for a retest however you can also wait for price to make a strong push and close above 1.25660. for there you can watch out for a retest or for some willing to take the risk might just enter there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.