Get started
U.S. Dollar / Canadian Dollar
Long

2X UCAD 1D Tech. Analysis!

By twotimezinvestments
Possible falling wedge reversal on USDCAD 4HR/1Day! We will WAIT PATIENTLY for this reversal. USDCAD is coming out of a bearish triangle (WEEKLY) with a fake brakout to the upside to test the (MONTHLY) OB @1.32000 area. It has broken the short-term bull trendline and seems to be creating a HEAD & SHOULDERS pattern on the DAILY! We will play the Right shoulder Buy formation, and then play the Sell of the Right shoulder going down!
Bullish PatternsbuyChart PatternsFalling WedgeFundamental AnalysisheadandhsouldersLONGTrend Analysisusdcadanalysisusdcadforecastusdcadlongusdscad
twotimezinvestments
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.