Loonie having some trouble!!

Good Morning Dynamic Traders,

A much better start to the day with the sunshine, convertible weather again today!

Yesterday I mentioned that price could reverse due to certain formations forming. As you can see in the 4 hour chart below price did indeed reverse and started to climb, but it has stumbled across some resistance which holding price down.














This doesn’t mean we give up!! We now have to be patient as price could be taking a breather before it powers through the S/R line. To find out if this is the case we will need to wait and be ready.
I’m still waiting to be triggered into a trade by using the ESLT. Are you??

Happy Trading

Richard Monnery