USD/CAD - Bullish Pennant - High Probability of Upside Movement

Dollar A.S. / Dollar Kanada (FX:USDCAD)

Diupdate

FX:USDCAD Dollar A.S. / Dollar Kanada

trendanalysis chartpattern waveanalysis trendtrading tradingideas traderlifestyle tradeplan patterntrading technicalanalysis bullish

Spotted a Bullish Pennant on USD/CAD. Price is at a resistance area but the bulls look like they are gaining some momentum by passing previous resistance. I think there will be a high chance of breakout to the upside soon. Risk to reward ratio at a two; adjust take profits along the way. I'm rooting for the bulls on this one folks. Good luck.

Komentar:

I made this analysis quick and simple; understand the chart and you'll understand what I see.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.