USDCAD: Ascending Triangle & Long Trade

By VasilyTrader
snapshot

hey guys,

classic example of a trend following setup on usdcad.
the price is recovering after a shart bearish rally and we are now trading in a local bullish trend.

the price has just broken above the resistance line of the ascending triangle formation.
best entry will be on its retest, to catch the next impulse.

next goal - 1.3105

good luck!
CADcanadiandollarChart PatternsForexPennantsignalsignalserviceTechnical AnalysisTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)
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