Double Bottom Pattern in USD/CAD
As you can see, a double bottom pattern has formed in the USD/CAD currency pair, presenting a valuable trading opportunity. 📈
Given the current trend's weakness and the fact that we are in the 61.8% Fibonacci retracement area of the previous larger move, this setup looks promising. 📉
A move beyond the pattern's target range would signify a complete trend reversal and a retest of the main daily resistance. 🚀
💡 Don't miss out on this potential trade! Like, comment, and share your thoughts below.
#USD #CAD #Forex #Tradecitypro #TCP #DoubleBottom #Fibonacci #TrendReversal
Given the current trend's weakness and the fact that we are in the 61.8% Fibonacci retracement area of the previous larger move, this setup looks promising. 📉
A move beyond the pattern's target range would signify a complete trend reversal and a retest of the main daily resistance. 🚀
💡 Don't miss out on this potential trade! Like, comment, and share your thoughts below.
#USD #CAD #Forex #Tradecitypro #TCP #DoubleBottom #Fibonacci #TrendReversal
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