Based on the 4hr timeframe we could see there is a potential reversal pattern for USDCAD.
We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern.
Price already broken above the resistance.
We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and won't chase it.
Buy limit USDCAD 1.3580
Stop loss 1.3520
Take profit 1 @1.3645
Take profit 2 @1.3710
good luck
We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern.
Price already broken above the resistance.
We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and won't chase it.
Buy limit USDCAD 1.3580
Stop loss 1.3520
Take profit 1 @1.3645
Take profit 2 @1.3710
good luck
交易進行:
buy position triggered