Great triangle just formed on USDCAD 15M timeframe. A re-test around 1.2530 is a very likely scenario with a good RR ratio. The trendline is a little bit steep so I would be looking for a very clean break and a bullish candle to go long. Of course we could also see a move downward testing recent lows around 1.2415.
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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.