USDCAD - Selling opportunity (Part II)
USDCAD - Selling Opportunity (Part II).
Timeframe of the analysis: 4H.
After the first analysis on USDCAD with double Take Profit and having already achieved the first one, the price has formed a bearish continuation pattern that we hope will break in the next move and take us to the final profit-taking point.
Timeframe of the analysis: 4H.
After the first analysis on USDCAD with double Take Profit and having already achieved the first one, the price has formed a bearish continuation pattern that we hope will break in the next move and take us to the final profit-taking point.
Order cancelled:
Manual closure after the upward price breakout of 3 critical points indicating a trend change: The moving averages (fast and slow) that acted as resistance and the chart pattern.
