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USDCAD | descending triangle is going to break
U.S. Dollar / Canadian Dollar
Short
USDCAD | descending triangle is going to break
By kenchan0824
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May 10, 2020
7
May 10, 2020
USD predication is anticipated to be bearish, and CAD has high yield
crude oil is anticipated to be bullish
the descending trendline was false broken for twice
the last time confimed with strong engulfing reversal
50 SMA was false broken last time, this time seems for real
descending triangle is reliable bearish pattern
risk-reward ratio is decent
Candlestick Analysis
priceaction
Trend Lines
Triangle
kenchan0824
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