USDCAD BULLISH PATTERN
USDCAD has a text-book breakout re-test on the 1-hour time frame.
A triple bottom formed on march 19th and last week we saw a bullish impulse.
There is a 2.64:1 risk-reward trade opportunity on the re-test. Our take profit is at 1.40878 which is also the 4H trendline.
What are your thoughts on usdcad?
Disclaimer: For educational purposes only
A triple bottom formed on march 19th and last week we saw a bullish impulse.
There is a 2.64:1 risk-reward trade opportunity on the re-test. Our take profit is at 1.40878 which is also the 4H trendline.
What are your thoughts on usdcad?
Disclaimer: For educational purposes only
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.