cup and handle pattern USDCAD
Updated
Here we can see a cup and handle chart pattern, 1 starting from low
2 follow the cross 3 create a descending channel at the end before (4) breaking the resistance.
2 follow the cross 3 create a descending channel at the end before (4) breaking the resistance.
Comment
If the price break and pull back on the 1.38812 I will take a buy position for the next resistance.Trade closed: target reached
I took my profit at 1.38080Disclaimer
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