USD/CAD Trading Analysis (12/07/2023)

The entry point at the pullback B is forming. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

Trading idea:

Buy at the formation of the ascending wave structure, where the A-wave breaches the sloping channel of the descending structure.

Stop-Loss under the round second level of 1.3180.

Target price levels: 1.3370, 1.3450.
 

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