USDCAD understanding structure correctly

Hi guys,

I got a request to look at this chart and I am posting it because the structure offers opportunities!

I am expecting the pair USDCAD to break structure, but the question is, is the correction over? I guess we will soon know. Maybe one more move up before the next down impulse.

Thank you for your support.

Kommentera:

An indecision candle today. Does this mean it could bounce into the highs? I guess we will soon find out.

Kommentera:

Buying pressure continues at the lows of structure, will price bounce back up?

Kommentera:

Price broke out of bottom structure. Wait for a retest for a sell set up