UsdCad has been in a diamond price formation and due for a breakout soon. Since USD is very bullish recently, I predict a bullish breakout and retest on the diamond structure.. then resume the price channel created in the diamond structure. This is a daily time frame so you will have to use a lover time frame for a buy entry. But it is sitting on a strong support...
hello traders I only try to identify patterns for all to make something of it. Here we can see EurCad is in a diamond reversal pattern. As it has been selling for some months now and due for a bull run. There is high probabilty price could possibly shoot up this week. As the pattern is very almost complete. This is a buy opportunity and stop loss just under the...